On the 12/31/22 balance sheet, Delta showed prepaid rent of $11,000. During January 2023, they had the following transactions.

Paid cash of $8,000 for February and March rent for its downtown Seattle location

Incurred $5,000 for January rent on its Bellevue location. This amount was prepaid in 2022.

Incurred $4,500 for January rent on its Everett location. This amount was paid this month.

Incurred $4,000 for January rent on it's downtown Seattle location. This amount was prepaid in 2022.

Using this information, please answer the two questions below.

Q23. How much rent expense will Delta report for January 2023?

Q24. At the end of January 2023, what is balance of Delta's Prepaid rent account?