This question wants me to use a previous result, that if $e$ is a central idempotent in $R$ then $R \cong Re \oplus R(1-e)$. I was thinking about maybe some sort of induction would help here but I can't see exactly how I am going to get to the result I want.
I would like to know how to do the problem this way, because this is the way the book recommends. However, I also have heard that this problem can be done another way, by realizing that $R$ is a vector space over $Z_2$ and there has a finite basis, and i am under the impression that the result is not far away knowing this, but I can't quite connect the dots.
If somebody could guide me along these two different routes of solving this problem I would really appreciate it! Thanks!