A Non- Profit Entity has paid Rent of $40,000 for the month of June in its Receipts * and payment account. At the beginning of the month there was an outstanding amount of $5,000, and by the end of the month the business had prepaid $3,000. What is the correct amount to be transferred to the Entities Income and Expenditure account? $42,000 $32,000 $41,000 $38,000