Forrester Company signed a two-year lease on July 1, and paid the $17,400 total rent in advance. Forrester recorded the transaction as an increase to Prepaid Rent and a decrease to Cash. What adjustment should Forrester make on December 31 (no previous adjustment has been made)?

	BALANCE SHEET						INCOME STATEMENT
	ASSETS	=	LIABILITIES	+	STOCKHOLDER'S EQUITY		REVENUE	-	EXPENSE
	Prepaid Rent								Rent Expense
A)	+13,050				+13,050				-13,050
B)	+4,350				+ 4,350				-4,350
C)	-8,700				-8,700				+8,700
D)	-4,350				-4,350				+4,350
E)	None of the above