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  3. 2)dennis receives $11,500 during the current tax y

2)Dennis receives $11,500 during the current tax year from Blanca for some office space in...

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Accounting

2)Dennis receives $11,500 during the current tax year from Blanca for some office space in Anaheim, California. The rent covers eight months, from August 1 of the current year to March 31 of the following year. For tax purposes how much should Dennis report as rental income in the current tax year?

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