On April 1, 2020, Kal-Mar Village paid $12,000 for two years rent. In accounting for this item:

1. Under the cash basis of accounting, 2020 rent expense will be $9,000.
2. Under the accrual method of accounting, 2020 rent expense will be $6,000
3. Under the cash basis of accounting 2021 rent expense will be -0-.
4. Under the cash basis of accounting, 2021 rent expense will be $6,000.