Please show work. Will upvote. Thanks

+ a. 4) On December 1, 2020 Zane Corporation paid $8,000 rent in advance. The rent per month is $1,000. If Zane's accounting period ends on December 31, 2020, what will be reported on the financial statements? Prepaid Rent of $7,000 on its Balance Sheet at December 31, 2020 b. Prepaid Rent of $8,000 on its Balance Sheet at December 31, 2020 c. Rent Expense of $8,000 on its 2020 Income Statement d. Rent Revenue of $7,000 on its 2020 Income Statement