Problem 9.60 (LO 9-4) (Algo) [The following information applies fo the questions displayed below] Jeremy is a calendar-year taxpayr who sometimes leases his business equipment to local organizations. He recorded the following receipts this year. Indicate the extent to which these payments are taxable income to Jeremy this year if Jeremy is (1) a cash-method taxpayer and (2) an accrual-method taxpayer. Note: Leove no onswers blank. Enter zero if opplicable. roblem 9.60 Part-a (Algo) $2150 deposit from the Ladies' Club, which wants to lease a trailer. The club will receive the entire deposit back when the trailer is eturned undamaged. b. $1,000 from the Ladies' Club for leasing the trailer from December of this year through March of next year (\$250 per month) c. $400 lease payment received from the Men's Club this year for renting Jeremy's trailer last year. Jeremy billed the ciub last year, but recently he determined that the Men's Club would never poy him, so he was surprised when he recelved the check