At 1 January 2005, Michael had a prepayment of $200 in respect of rent. He paid $1,200 on 1 March 2005 in respect of the year ended 28 February 2006 What is the charge to the income statement in respect of rent for the year ended 31 December 2005? Select one: a $1,300 O b. $1,400 O c. $1,100 d. $1,200 Clear my choice