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Jason Company paid $3,900 for one year's rent in advance beginning on October 1, Year 1. Jason's Year 1 income statement would report rent expense,

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Jason Company paid $3,900 for one year's rent in advance beginning on October 1, Year 1. Jason's Year 1 income statement would report rent expense, and its statement of cash flows would report cash outflow for rent, respectively, of Multiple Choice ) $650; $3,900 O $975; $975 O $3,900; $3,900 O $975; $3,900

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