Entity F paid its landlord rent of $7,000 per month for 8 months (556,000) in advance on December 1, 2022. If Entity F's accounting period ends on December 31, 2022, it will report Prepaid Rent of $7,000 on its 2022 balance sheet. Rent Expense of $49,000 on its 2022 income statement. Prepaid Rent of $49,000 on its 2022 balance sheet. Rent Revenue of $7,000 on its 2022 income statement