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On December 1,2023 , Cullumber Corp. leased office space for 10 years at a monthly rental of $46000, under an operating lease. On that date

On December 1,2023 , Cullumber Corp. leased office space for 10 years at a monthly rental of $46000, under an operating lease. On that date Cullumber paid the landlord the following amounts: Cullumber debited the entire $298800 payment to Prepaid Rent. How much should Cullumber Corp recognize as rent expense for the year ended December 31,2023 ? $29880$46000$165400$47340

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