CPA Associates,a Cash-Basis Partnership with a Calendar Tax Year,signs a Contract

Multiple Choice

CPA Associates,a cash-basis partnership with a calendar tax year,signs a contract for a 30-month subscription to an online tax research service,effective as of November 1.The firm pays the full $15,000 subscription bill on the November 1,2019 subscription start date.For 2019 the firm can deduct

A) $1,000.
B) $15,000.
C) $7,500.
D) $2,000.