1. HVG, LLC signed a lease with and paid $12,000 cash to a landlord on December 31, 2017. The payment represents $4,000 for a security deposit and the rest for the first two months of rent for January and February 2018. The most likely effect of this transaction on HVGs 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.