b) Davis has an accounting year ending 30th June each year. Davis pays rent a year in advance on 1st January each year. January 1st 2019 Davis pays rent for 2019 of 24,000. On 1st January 2020 Davis pays rent of 30,000 for 2020. Calculate the expense of rent for Davis for the year ending 30th June 2020. Show your workings. (5 marks) c) Given your answer to 14) b), explain how the rent has affected the cash flow, the income statement and the statement of financial position in the 2020 statements of account. (5 marks) Kingdom) Focus + 149% c) Given your answer to 14) b), explain how the rent has affected the cash flow, the income statement and the statement of financial position in the 2020 statements of account