L.B.C Corporation has an October 31 fiscal-year end. On October 31, 2015, its prepaid rent account shows a balance of $8, 100. Beginning July 1, 2016 L.B.C. pays $4, 600 a month for the rent of its store. The terms of the lease require that rent be paid six months in advance on January 1 and July 1 of each year. Before July 1, 2016 L.B.C. paid $4, 100 a month in rent. Prepare all journal entries required in the year ending October 31, 2016 assuming that L.B.C. initially records its prepaid costs as expenses and uses reversing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)