Consider the following independent situations for Island View: (i) (Cick the icon to view the indipendent situations.) a. Island Vlew hed a January 1, 2024 beginning balance in its Prepaid Rent account of $1,300. During the year the company made poyments for prepaid rent of $500. At the and of the yeas, Decernber 31,2024 , the balance in the Prepaid Rent account was $400. What was the amount of rent expense for the yoar? Rent expente for the year a b. Island View had a January 1, 2024 beginning batance in its Prepaid Reent account of $900. During the year the company made payments for prepaid rent of $1,000, bland View recorded rent expense for the year of $1,300. What is the companys ending balance in its Prepald Rent account as of December 31.2024 ? Ending balance in Prepaid Rent = c. Itand Vew had a December 31; 2024 ending balance in is prepaid rent account 0451,200 . During the yoar the company made payments for prepaid rent of $200 and recorded rent expense for the year of $400. What is the companys beginning batance in is Prepaid Rent account as of January 1,2024 ? Boginning balance in prepaid rent * More info a. Island Vew had a Januay 1,2024 beginning bslance in is Prepaid Rent account of 51,300. During the year the coempary made payments for prepoid rent of $500. At the end of the yoar, Docernoer 31, 2024, Dee batance in the Prepaid Reen account was $400. What was the amount of rent expense for the year? b. Iland View had a January 1, 2024 beginning balance in its Prepaid Rem account of $000 During the year the coenpany made payments for prepaid rent of $1,000 isund View recorded rent expense for the yoar of \$1,300. What is the company's ending balance in is Prepaid Rent accosunt as Decembet 31, 2024? c. Island Vew had a December 31, 2024 ending balance in is prepoid rent account of $1,200. During the year the compary made payments for peepsid rent of $200 and recorded rent expense for the year of 5400 . What is the companys beginning balance in its Prepad Rent account as of January 1, 2024? (1) Time Remaining: 003016