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Question 1 20 pts Landlord receives the following during the year Normal rent receipts - $4,000 Advance payment of rent not due until next year

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Question 1 20 pts Landlord receives the following during the year Normal rent receipts - $4,000 Advance payment of rent not due until next year - $1,000 Security deposit collected to cover potential damages - $1,000 Security deposit to be used as final month's rent in future year - $1,000 How much gross income does Landlord have from the above receipts? 7,000 4,000 5,000 6,000

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