Mr$.$ Wolf, a cash$-$basis taxpayer, owns an apartment building. His records reflect the following information for the current

year:

Cost of floor repairs paid by Tenant G that were Mr$.$ Wolf's responsibitity for

maintaining the building in good repair

Security deposits to be returned to tenants upon expiration of their leases next year $,1,350$

Advance rents recelved in December for the first $6$ months of next year

Tenant G$\text{'}$s rent was reduced by the expenses he paid. What is the amount of gross rental income Mr$.$ Wolf should include

on his current$-$year Schedule E$?$

A$.54,350$

B$.$ $$5,300$

C$.$ $$3,950$

D$.$ $$2,300$