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QUESTION 2 Howard Inc. had prepaid rent of $85,000 and $91,000 at the end of 2017 and 2018, respectively. During 2018, Howard recorded $250,000 in
QUESTION 2 Howard Inc. had prepaid rent of $85,000 and $91,000 at the end of 2017 and 2018, respectively. During 2018, Howard recorded $250,000 in rent expense in its income statement. Cash outflows for rent in 2018 were: $250,000. $244,000. $262,000. O$256,000
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