a. Island View had a January 1, 2024 beginning balance in its Prepaid Rent account of $1,500. During the year the company made payments for prepaid rent of $500. At the end of the year, December 31, 2024, the balance in the Prepaid Rent account was $1,200. What was the amount of rent expense for the year? b. Island View had a January 1, 2024 beginning balance in its Prepaid Rent account of $700. During the year the company made payments for prepaid rent of $1,700. Island View recorded rent expense for the year of $1,200. What is the company's ending balance in its Prepaid Rent account as of December 31, 2024? c. Island View had a December 31, 2024 ending balance in its prepaid rent account of $1,500. During the year the company made payments for prepaid rent of $200 and recorded rent expense for the year of $1,300. What is the company's beginning balance in its Prepaid Rent account as of January 1, 2024