Sunshine & Co. has multiple businesses. One business is a car rental company. Its current property for its vehicles is overflowing, which requires them to park some of their rental vehicles off the street because they cannot fit on their current car rental property. Sunshine & Co. decided to look for a property to rent out to park some of their vehicles. During negotiation with an individual who owns a property adjacent to their current car rental business, it was agreed that Sunshine & Co. will lease the property for a minimum of one year in the amount of $24,000, which is required to be paid up front. The lease was signed on December 1st. Sunshine & Co. operates on a calendar year basis and closes their accounting books at December 31st of each year. Assuming that the amount was paid upfront at December 1st when the lease agreement was signed, what would be recorded on their books at December 31st in relation to the property lease? Select one: O a. Lease/Rent Expense 24,000 Cash 24,000 a 24,000 Lease/Rent Expense Cash 24,000 b. Lease/Rent Expense 2000 Cash 2,000 Oc. 2,000 Lease/Rent Expense Prepaid Lease/Rent 2,000 od Lease/Rent Payable 24,000 Cash 24,000 e 24,000 Lease/Rent Expense Lease/Rent Payable 24,000