Chang Corp leases unused warehouse space to Bradley Corp for $2,500/month, payable in advance.On 9/01/2017, Chang received $30,000 of rent from Bradley for the one-year period 9/01/2017 - 8/31/2018.Determine what amount of the $30,000 rent received by Chang on 9/01/17 should be recognize in its:

A.Income statement for the year ended 12/31/2017 as rent revenue

B.Balance sheet on 12/31/2017 as unearned rent revenue?

Please show all work so I can see where I went wrong on my calculations