In January of year 0, Justin paid $5,600 for an insurance policy that covers his business property for accidents and casualties. Justin is a calendar-year taxpayer who uses the cash method of accounting.

What amount of the insurance premium may Justin deduct in year 0 in each of the following alternative scenarios? (Leave no answers blank. Enter zero if applicable.)

a. The policy covers the business property from April 1 of year 0 through March 31 of year 1.

Deductible amount ________

b. The policy begins on February 1 of year 1 and extends through January 31 of year 2.

Deductible amount ________

c. Justin pays $6,800 for a 24-month policy that covers the business from April 1, year 0, through March 31, year 2. (Do not round intermediate calculations.)

Deductible amount ________

d. Instead of paying an insurance premium, Justin pays $5,600 to rent his business property from April 1 of year 0 through March 31 of year 1.

Deductible amount ________