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Randy rents a house from Charles for $ 8 0 0 a month. However, for the current year, Charles reduced the rent to $ 4

Randy rents a house from Charles for $800 a month. However, for the current year, Charles reduced the rent to $400 a month. In exchange, Randy has agreed to build a deck onto the house. The deck is worth $4,500, but Randy only spent $2,800 on materials. How much rental income must Charles recognize in the current year?
Question 16 options:
$7,600
$9,300
$4,800
$9,600

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