Question 1 Shanna, a calendar year and cash basis taxpayer, rents property to be used in...

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Question 1 Shanna, a calendar year and cash basis taxpayer, rents property to be used in her business from Janice. As part of the rental agreement, Shanna pays $20,200 rent on April 1, 2020 for the 12 months ending March 31, 2021. Do not round any division. a. How much is Shanna's deduction for rent expense in 2020? b. Assume the same facts, except that the $20,200 is for 24 months' rent ending March 31, 2022. How much is Shanna's deduction for rent expense in 2020? Question 1 Shanna, a calendar year and cash basis taxpayer, rents property to be used in her business from Janice. As part of the rental agreement, Shanna pays $20,200 rent on April 1, 2020 for the 12 months ending March 31, 2021. Do not round any division. a. How much is Shanna's deduction for rent expense in 2020? b. Assume the same facts, except that the $20,200 is for 24 months' rent ending March 31, 2022. How much is Shanna's deduction for rent expense in 2020?