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Problem $9-72($LO $9-4)($Algo$)$

$[$The following information applies to the questions displayed below.$]$

Adam elects the accrual method of accounting for his business. What amount of deductions does Adam recognize this year for the following transactions?

Note: Leave no answers blank. Enter zero if applicable. Assume a calendar year end.

Problem $9-72$ Part$-$b $($Algo$)$

b$.$ On December $1$ of this year, Adam paid $$1,440$ for a one$-$year contract with CleanUP Services to clean his store. The agreement calls for services to be provided on a weekly basis.

Note: Use whole months for your calculation.

Answer is complete but not entirely correct.

Deductible amount