Sandhill Corporation paid cash of $$144000$ on June $1,2025$ for one year's rent in advance and recorded the transaction with a debit to Prepaid Rent. The December $31,2025$ adjusting entry is

debit Prepaid Rent and credit Rent Expense, $$60000.$

debit Rent Expense and credit Prepaid Rent, $$84000.$

debit Prepaid Rent and credit Cash, $$60000.$

debit Prepaid Rent and credit Rent Expense, $$84000.$