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John and Mary moved into your rental property and paid a $ 1 0 , 0 0 0 security deposit. You agreed to use this
John and Mary moved into your rental property and paid a $ security deposit. You agreed to use this security
deposit as thei last month's rent. Addifionally they paid a painting contractor $ to paint the interior. How much of
these payments should be reported as rental income for this year?
A $
B $
C $
D $
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