On January $1,2022,$ Kunto, a cash basis taxpayer, pays $$49,926$ for a $24-$month certificate of deposit. The certificate is priced to yield $4\%($the effective interest rate$)$ with interest compounded annually. No interest is paid until maturity, when Kunto receives $$54,000.$

Round all calculations to the nearest dollar.

a$.$ Compute Kunto's gross income from the certificate for $2022.$

$fill in the blank $1$

$0$ wrong

b$.$ Compute Kunto's gross income from the certificate for $2023.$

$fill in the blank $2$

$4,074$ wrong