Required information [The following information applies to the questions displayed below.) In January of year o, Justin paid $9,800 for an insurance policy that covers his business property for accidents and casualties. Justin is a calendar-year taxpayer who uses the cash method of accounting What amount of the insurance premium may Justin deduct in year o in each of the following alternative scenarios? (Leave no answers blank. Enter zero if applicable.) a. The policy covers the business property from April 1 of year o through Marlwh 31 of year 1. Deductible amount b. The policy begins on February 1 of year 1 and extends through January 31 of year 2. Deductible amount c. Justin pays $11,000 for a 24-month policy that covers the business from April 1year, through March 31, year 2. (Do not round intermediate calculations.) Deductible amount