Exercise 6-26 (Algorithmic) (LO. 2) Shanna, a calendar year and cash basis taxpayer, rents property to be used in her business from Janice. As part of the rental agreement, Shanna pays $21,400 rent on April 1, 2022, for the 12 months ending March 31, 2023. Do not round any division. a. How much is Shanna's deduction for rent expense in 2022? s x b. Assume the same facts, except that the $21,400 is for 24 months' rent ending March 31, 2024. How much is Shanna's deduction for rent expense in 2022 ? x Fetaback F Check My Work A taxpayer's accounting method is a major factor in determining taxable income. The method used determines when an item is includible in income and when an item is deductible on the tax return