On January 1, 2021, 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 $ income for 2021 and $ for 2022.

In your computations, round any amounts to the nearest dollar.

Kunto has $

income for 2021 and $

for 2022.