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On December 1, 2021, Carlos entered into a lease on a building for use in his business for $1,000 per month. Under the lease terms,

On December 1, 2021, Carlos entered into a lease on a building for use in his business for $1,000 per month. Under the lease terms, Carlos pays 18 months' rent ($18,000) in advance on December 1. How much can Carlos deduct for rent in 2021?

a.$1,000

b.$18,000

c.$13,000

d.$12,000

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