what am i missing? what is the prepaid rent?

Required a. & b. Record the March 1 cash payment and adjustment required as of December 31 Year in general journal format c. Show all events in a horizontal statements model. d. &e. What amount of net income will Cherokee Company report on the Year 1 income statement? What is the amount of net cash flow from operating activities for Year 17 Determine the amount of prepaid rent Cherokee Company would report on the December 31 Year 1, balance sheet Answer is not complete. Complete this question by entering your answers in the tabs below. Re A and B Red Reg Dand E Record the March 1 cash payment and adjustment required as of December 31, Year 1 general Journal format. If no entry is required for a transactio/event, select "No journal entry required in the first account) No Date General Journal Det Cro 1 March 01 Prepaid rent 73.00 Cash 73.000 2 December 31 Runt 1.500 Prepaid rent (L) 51500 w A MacBook Air NE s 4 L 9 5 6 7 3 8 Q E s 20 Y . A S D F G . x M N C B V N 1 28 comma option command Rocum quo Complete this question by entering your answers in the tabs below. Reg A and B Rego Reg D and E Show all events in a horizontal statements model. (Do not round Intermediate calculations. Record the events as they occurred in question date. In the Cash Flow column designate operating activity, IA for investing activity, FA for financing activity, NC for net change in cash and NA to indicate the element is not affected by the event. Enter account balances with a minus signs.) Income Statement Assets Liabilities CHEROKEE COMPANY Horizontal Statements Model for Year 1 Stockholders' Equity Common Retained Revenue Stock Earnings 82.000 Statement of Cash Flow Event Expenses Net income Prepaid Rent Cash . . 1 2 3 12.000 (73,800) 94100 73,800 - 32.000FA (73,800) O 94300 OA NA 102.500 54.100 94300 (100) 32.300 9.300 (815001 12.000 . . 61.500 51.500 (01.500) 12300 0 32.000 04.300 BI 102,500 Answer is not complete. Complete this question by entering your answers in the tabs below. Reg A and B Reac Req D and E What amount of net income will Cherokee Company report on the Year 1 Income statement? What is the amount of net cash flow from operating activities for Year 1? Determine the amount of prepaid rent Cherokee Company would report on the December 31, Year 1, balance sheet. (Do not round intermediate calculations.) Net income Net cash flow from operating activities Prepaid rent $ 32,800 $ 20,600 $ 123,000 102 A G 12