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Emir has a rental house that was rented beginning January 1 in the current tax year. on January1, the tenant paid Emir a $1200 security
Emir has a rental house that was rented beginning January 1 in the current tax year. on January1, the tenant paid Emir a $1200 security deposit plus $1,100 rent for January and $1,100 rent for the last month, whenever that occurs. the tenant timely paid the $1100 monthly rent each of the remaining eleven months. hoe much rental income will Emir report for the current year?
1. $13,200$
2. $13,300
3. $14,300
4. $15,500
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