Exercise 4-20 (Algorithmic) (LO. 2) On January 1, 2020, Kunto, a cash basis taxpayer, pays $146,080 for a 24-month certificate. The certificate is priced to yield 4% (the effective interest rate) with interest compounded annually. No interest is paid until maturity, when Kunto receives $158,000. In your computations, round any amounts to the nearest dollar. a. Compute Kunto's gross income from the certificate for 2020. b. Compute Kunto's gross income from the certificate for 2021.