Rebecca is a calendar-year taxpayer who operates a business. She made the following business-related expenditures in December of this year.

Indicate the amount of these payments that she may deduct this year under both the cash method of accounting and the accrual method of accounting.

Note: Leave no answers blank.

Enter zero if applicable.

b. $2,500 for new office furniture. The furniture was delivered on January 15 of next year.

Deductable amount

Cash method

Accrual method