Newman started a calendar-year postal delivery business on September 1st of this year. He prepaid $24,000 for 12 months of rent on his shop. What is the maximum amount of rent that Newman can deduct this year under each type of accounting method? $24,000 under the cash method and $24,000 under the accrual method. $8,000 under the cash method and $24,000 under the accrual method. $24,000 under the cash method and $16,000 under the accrual method. $8,000 under the cash method and $8,000 under the accrual method. $24,000 under the cash method and zero under the accrual method