On October 16th, 2018 Webber Company received $60,000, representing one year of advanced rent on a building that it owns. On its December 31, 2018 Balance Sheet, Webber will report a current liability of (select the closest answer):

a) $60,000

b) $50,000

c) $45,000

d) $0 - This amount is a prepayment.

$47,500