1. HVG, LLC signed a lease with and paid $12,000 cash to alandlord on December 31, 2017. The payment represents $4,000 for asecurity deposit and the rest for the first two months of rent forJanuary and February 2018. The most likely effect of thistransaction on HVG’s general ledger as of 12/31/2017 is:
   1. No net change in total assets
   2. A decrease in total assets of $4,000.
   3. A decrease in total assets of $8,000.
   4. A decrease in total assets of $12,000.