Review each situation and list how much income should be reported by the taxpayer in 2021 under the cash method and the accrual method. (a) cash basis (b) accrual basis Situation (receipt occurs in 2021) $184,000 cash from rents, of which $13,000 represents late payments of rents for the previous year. $12,500 prepayments of rent for the last month of rent for new leases. $24,000 of prepayments of outdoor maintenance services for a 2-year period, commencing September 1, 2021 $1500 value of a painting given to a landlord by a tenant in lieu of two months' rent. $2,500 value of a patio addition to an apartment left by a tenant at the end of the lease. As a condition for constructing the patio, the landlord agreed to reduce the rent $300 for each of the last 5 months remaining on the lease). The lease ended in November. $2,500 value of a patio addition to an apartment left by a tenant at the end of the lease. The landlord did not offer any concessions to the tenant for constructing the patio which remained when the lease ended in November