On September $1,2020,$ Taylor Inc. received $$120,000$ from Bengals Inc for a six$-$month lease of warehouse space. The lease starts on December $1,2020.$ Following the

December $31,2020$ adjusting entry, what is the ending balance in unearned revenue?

Select one:

a$.$ $$120,000$

b$.$ $$110,000$

c$.$ $$100,000$

d$.$ $$20,000$

e$.$ $$10,000$