TB MC Qu$.08-43$ Brad and Kate received $$9,500$ for rent from...

Brad and Kate received $$9,500$ for rent from Mike and Janet, who are renting their home in Santa Ana, California. Brad and Kate did not use this property for personal use. The rent covers eight months from August $1$ of the current year to March $31$ of the following year The amount also includes a security deposit of $$1,500.$ How much should Brad and Kate report as rental income in the current tax year?

Multiple Choice

$$ $$1,500$

$$8,000$

$$9\mathrm{.}500$

$$