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Howard Inc. had prepaid rent of $94,000 and $105,000 at the end of 2020 and 2021, respectively. During 2021, Howard recorded $259,000 in rent expense

Howard Inc. had prepaid rent of $94,000 and $105,000 at the end of 2020 and 2021, respectively. During 2021, Howard recorded $259,000 in rent expense in its income statement. Cash outflows for rent in 2021 were: Multiple Choice $281,000. $270,000 $248,000 $259,000 o

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