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Warren Company is a calendar year, cash basis firm. On December 6 , 2 0 2 1 , Warren paid $ 7 , 2 0

Warren Company is a calendar year, cash basis firm. On December 6,2021, Warren paid $7,200 cash to a landscape service business that maintains the lawns and gardens around Warrens headquarters.
Required:
How much of this expenditure can Warren deduct in 2021 assuming that the expenditure is a prepayment for four months of landscape maintenance beginning May 1,2022?
How much of this expenditure can Warren deduct in 2021 assuming that the expenditure is a prepayment for 12 months of landscape maintenance beginning May 1,2022?

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