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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 $ a month. However, for the current year, Charles reduced the rent to $ a month. In exchange, Randy has agreed to build a deck onto the house. The deck is worth $ but Randy only spent $ on materials. How much rental income must Charles recognize in the current year?
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