Mike started a calendar-year business on September 1st of this year by paying 12 months of rent on his shop at $1,050 per month. What is the maximum amount of rent that Mike can deduct this year under each type of accounting method? Multiple Choice $12.600 under the cash method and $4,200 under the accrual method $4,200 under the cesh method end $4,200 under the accruel method O $4,200 under the cash method and zero under the accruel method. 4 $12.600 under the cash method and $12600 under the occrual method *** Next >