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On May 1 year 1, a taxpayer received a $18,000 payment for full payment Please place answer on first line below, indicated as Answer: Year

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On May 1 year 1, a taxpayer received a $18,000 payment for full payment Please place answer on first line below, indicated as Answer: Year 1 - na two-year service contract where the services will be provided evenly over time. What amount of income should the taxpayer recognize in year 1. year 2, and year 3 if she uses the accrual method of accounting? Year 2-$ Year 3 - 5 5 points Save An For the toolbar.press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI V S Paragraph Arial 10pt IX G Q > T * 12 e xX > TTC + REC + E E2 61) O WORDS POWERED BY TINY

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