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On June 1st, 2022, McJunkin Industries paid $120,000 to its landlord for one year of rent. The rental fee was $10,000 per month and the

On June 1st, 2022, McJunkin Industries paid $120,000 to its landlord for one year of rent. The rental fee was $10,000 per month and the prepaid rent would expire on May 31st 2023. On McJunkins income statement for the year ended December 31st, 2023 (second year), what was McJunkins rent expense? Please help

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