21. On June 1, Norma Company signed a 12-month lease for warehouse space. The lease requires monthly rent of $550, with 4 months paid in advance. Norma Company records the payment by debiting Prepaid Rent $2,200 and crediting Cash $2,200. At the end of June, what should be the balance of Norma's Prepaid Rent account?* 5 (1 Point) $2,200 $0 $550 $1,650 20. If an asset was purchased on January 1, 2015 for $140,000 with an estimated life of 5 years, what is the accumulated depreciation at December 31, 2018? * (1 Point) $112,000. $84,000. $56,000. $28,000