Marr Corp. reported rental revenue of $2,210,000 in its cash basis federal income tax return for the year ended November 30, Year 2. Additional information is as follows:
Rents receivable - November 30, Year 2
$ 1,060,000
Rents receivable - November 30, Year 1
800,000
Uncollectible rents written off during the fiscal year
30,000
Under the accrual basis, Marr should report rental revenue of:
