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2 Selected Balance Sheet Accounts (alphabetical order) of Burns Inc. appears below. 2019 2018 Accounts Receivable $330,000 $490,000 Accounts Payable 360,000 290,000 Bank Loan Payable

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2 Selected Balance Sheet Accounts (alphabetical order) of Burns Inc. appears below. 2019 2018 Accounts Receivable $330,000 $490,000 Accounts Payable 360,000 290,000 Bank Loan Payable 980,000 860,000 Common Shares 1,280,000 1,108,000 WOW Equipment (net) 500,000 Inventory 650,000 390,000 Prepaid Rent Expense 51,000 520,000 68,000 Retained Earnings 880,000 720,000 Unearned Revenue 130,000 180,000 What is the balance of cash paid for rent in year 2019? Assuming the balance of Rent Payable were O both at end of year 2018 and 2019. and Rent Expense in year 2019 was $110.000. $127,000 $110,000 $93,000. $42,000

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