Phil is an accrual method and calendar year taxpayer. Phil owns a dry cleaning business

and is also a landlord. Customers have the option to pay $$1,000$ per year for unlimited

dry$-$cleaning. How much income does he report in $2024$ if the following represents a

timeline of his collections?

December $2024$: a customer pays him $$3,000$ for unlimited dry cleaning in $2025,2026,$ and

$2027$

December $2024$: a renter pays him $$5,000$ rent $($monthly rent is $$1,000)$ for November $2024,$

December $2024,$ January $2025,$ February $2025,$ and March $2025$

January $2025$: a renter pays him $$3,000$ rent $($monthly rent is $$1,000)$ for December $2024,$

January $2025,$ and February $2025$