Norah,who Gives Music Lessons,is a Calendar-Year Taxpayer Using the Cash-Basis

Multiple Choice

Norah,who gives music lessons,is a calendar-year taxpayer using the cash-basis method of accounting.On October 1 of this year,she received $1,200 for a one-year contract beginning on that date to provide 10 lessons.She gave 6 lessons this year.How much should Norah include in income this year?

A) $480
B) $360
C) $720
D) $1,200