Time Taken:0:44:38 Mackenzie Collins: Attempt 1 The company has reported "Prepaid Rent" as follows in its financial statements. Date Adjusted Final Balance December 31, 2012 $4,000 December 31, 2013 $16,000 On, March 1, 2013, the company paid cash in the amount of $ 24.000 for the rent. What amount of "Rent Expense" should the company have reported for the year ended December 31, 2013?. 21 DR Begin Balance Pre-Paid Rent $1) R CR $3) 151 $6)