Bay Meadows Real Estate collected rentals of $400,000 during the year. The beginning balance in its rent receivable account was $50,000 and its ending balance was $42,000. The beginning balance in unearned rent revenue was $23,000, and the ending balance was $15,000. What was total rent revenue for the year? O A $416,000 O B. $408,000 O C. $392,000 O D. 5385,000