A company earns rental income by leasing out two properties. The total rental income received from these two properties for the year ended 31 December 2019 was $55\,000. Additional details for the two properties were given, including rent received in advance and rent receivable in arrears at 1 January 2019 and 31 December 2019 for property 1 and property 2. What total rental income should appear in the income statement for the year ended 31 December 2019?
- A$54\,340$
- B$54\,900$
- C$55\,100$
- D$55\,660$