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Required information The following information applies to the questions displayed below) Adam elects the accrual method of accounting for his business. What amount of deductions does Adam recognize in year O for the following transactions? (Leave no answers blank. Enter zero if applicable.) b. On September 1 of year o, Adam paid $1,080 for a one-year contract with CleanUP Services to clean his store. The agreement calls for services to be provided on a weekly basis. Deductible amount $ 90