Jeremy is a calendar$-$year taxpayer who sometimes leases his business equipment to local organizations. He recorded the following receipts this year. Indicate the extent to which these payments are taxable income to Jeremy this year if Jeremy is

a cash$-$method taxpayer and

an accrual$-$method taxpayer.

Note: Leave no answers blank. Enter zero if applicable.

b$.$ $$2,760$ from the Ladies' Club for leasing the trailer from December of this year through March of next year $($ $$690$ per month$).$

Income under cash method

Income under accrual method