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How much was rent expense

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Question - Birch had the following information on its annual financial statements:

 

2017

2018

2019

2020

Prepaid rent

$1,000

$2,000

$1,200

$2,000

Cash payments of rent

$14,000

$12,000

$14,800

$16,000

Required - How much was rent expense during 2018?

a. $11,000

b. $13,000

c. $12,000

d. $12,800

e. None of the above

Reference no: EM132643649

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