The accounting cycle for Austin Dallas Chainsaws Limited is from January 1 to December 31. At the start of April, the company signed a new annual rental agreement on a factory paying $3,600,000 in cash for the full 12 months On May 15 Austin Dallas Chainsaws Limited was paid $8,000,000 in advance by Backward Limited to construct a large oil platform. Meanwhile, the CEO of Austin Dallas Chainsaws Limited signed a 12-month rental agreement on July 1 for personal living and office space in an apartment block in the Dubai Marina. The CEO part $500,000 in advance for the rental Austin Dallas Chainsaws Limited was paid $6,000,000 in advance by Drilling Limited to construct a solar windmill. On October 1 Austin Dallas Chainsaws Limited signed a 6-month rental agreement with Clarke Investment Limited for the company's old factory it owned. Austin Dallas Chainsaws Limited received $600,000 in cash for the rental At the end of the accounting cycle the CFO of Austin Dallas Chainsaws Limited had completed 40% of the construction of the oil platform and 25% of the solar windmill. Required: At the end of the accounting cycle Austin Dallas Chainsaws Limited would have made adjustment entries to Prepaid Rental Expenses' and 'Unearned Construction Revenue' of the following amounts? Select one: a. Debit. Pre-Paid Rental Expenses - $2,700,000; Debit. Unearned Construction Revenue - $3,350,000 b. Credit. Pre-Paid Rental Expenses - $2,700,000; Debit. Unearned Construction Revenue - $3,350,000 c. Credit. Pre-Paid Rental Expenses - $2,700,000; Debit. Unearned Construction Revenue - $3,350,000 d. Credit. Pre-Paid Rental Expenses - $3,400,000; Debit. Unearned Construction Revenue - $3,350,000