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Question 6 of 75. Ethan uses the cash method of accounting and a calendar year. He received the following payments from clients . A check

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Question 6 of 75. Ethan uses the cash method of accounting and a calendar year. He received the following payments from clients . A check from client #1 in the amount of S 1,091 on December 26, 2017, deposited January 15, 2018. An electronic payment of S1.968 from Client #3, made and deposited on January 2, 2018, for services rendered on A check from Client #2 on December 22, 2017, for $592. deposited December 24, 2017 December 16, 2017 Cash in the amount of S292. received December 9, 2017, from Client #4, which he forgot to deposit until January 12. 2018 How should Ethan report this income? OEthan should apportion the income equally between 2017 and 2018 O Ethan should report the income in whichever year will allow his client to claim the largest deduction for the expense. OEthan should report the income in either 2017 or 2018, whichever minimizes his tax liability Ethan should report $1,975 in 2017. The remaining $1,968 should be reported on his 2018 tax return. Mark for follow up Question 7 of 75. Clarence is a sole proprietor who started his business on July 29, 2017. He has not elected any particular tax year Generally, when is Clarence's federal income tax return due

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