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Frank required a $1,200 security deposit for a house he rented to a tenant. When the tenant moved out, he was found to have caused

Frank required a $1,200 security deposit for a house he rented to a tenant. When the tenant moved out, he was found to have caused damage to the house in the amount of $1,500. As a result, Frank did not return the tenant's security deposit. How much of the deposit must Frank report as income?

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