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On January 1 , 2 0 2 3 , Kunto, a cash basis taxpayer, pays $ 4 6 , 2 2 8 for a 2

On January 1,2023, Kunto, a cash basis taxpayer, pays $46,228 for a 24-month certificate. The certificate is priced to yield 4%(the effective interest rate) with interest compounded annually. No interest is paid until maturity, when Kunto receives $50,000.
In your computations, round any amounts to the nearest dollar.
Kunto has $fill in the blank 1
income for 2023 and $fill in the blank 2
for 2024.

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