Glenda, a calendar year and cash basis taxpayer, rents property from Janice. As part of the rental agreement, Glenda pays $8,400 rent on April 1, 2017, for the 12 months ending March 31, 2018.
a. How much is Glenda's deduction for rent expense in 2017?
b. Assume the same facts, except that the $8,400 is for 24 months rent ending March 31, 2019. How much is Glenda's deduction for rent expense in 2017?