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Birch had the following information on its annual financial statements: 2017201820192020Prepaid rent$1,000$2,000$1,200$2,000Cash payments of rent$14,000$12,000$14,800$16,000 How much was rent expense during 2018? Group of answer

Birch had the following information on its annual financial statements:

2017201820192020Prepaid rent$1,000$2,000$1,200$2,000Cash payments of rent$14,000$12,000$14,800$16,000

How much was rent expense during 2018?

Group of answer choices

$11,000

$13,000

$12,000

$12,800

None of the above

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