Jake has a rental house that he placed in service on January 1, 2018. On that date, the tenant paid Jake a $1,200 security deposit. The tenant also paid $950 rent for January, and he prepaid $950 rent for the last month's rent, whenever that occurs. The tenant timely paid the $950 monthly rent each of the remaining eleven months. How much rental income will Jake report for 2018? O $11,400 O $12,350 O $12,600 O $13,550