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Pizza Inc. had prepaid rent of $93,000 and $103,000 at the end of 2017 and 2018, respectively. During 2018, Howard recorded $258,000 in rent expense

Pizza Inc. had prepaid rent of $93,000 and $103,000 at the end of 2017 and 2018, respectively. During 2018, Howard recorded $258,000 in rent expense in its income statement. Cash outflows for rent in 2018 were:

$268,000.

$258,000.

$248,000.

$278,000.

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