You are reviewing the $2016$ year$-$end books and are determining whether expenses should be recorded in $2016$ or in the following year $(2017).$ Which of the following expenses belong in the year that just ended $(2016)?$

OPTIONS

An agreement that the company signed to purchase a certain amount of material through the end of $2017.$

Commissions based on December $2016$ activity which were paid during the January $31$st $2017$ payroll.

Rent paid on $12/31/16$ for January $2017$ rent.