Delta Company paid $42,000 cash to its landlord on November 1, 2023 for rent covering the six-month period from November 1, 2023 through April 30, 2024. The books are adjusted only at year-end. Which of the following correctly describes the effect on Delta's financial statements of the December 31, 2023 adjusting entry? Multiple Choice Rent expense increases $14,000. Prepaid rent increases $14,000 Rent revenue increases $14,000 Stockholders' equity increases $14.000