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The Borden Company rents office space from Simon Corp. The Borden Company provides the following information from its Year 1 and Year 2: Balance sheet

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The Borden Company rents office space from Simon Corp. The Borden Company provides the following information from its Year 1 and Year 2: Balance sheet Year 2 Year 1 Account $97,500 $115.000 receivable Inventory $130,000 $120,000 Prepaid insurance $1,500 $7.500 Prepaid rent $15.000 $40,000 Account payable $65.000 $55,000 Income statement Year 2 Sales $425,000 Cost of goods $225,000 sold Insurance $12,000 expense Rent expenso $25,000 How much cash did Borden pay to Simon Corp. during Year 2? Select one: . A. $25,000 . B. $0 . C. $15,000 . D. None of others. . E. $40,000

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