The information below has been taken from a business’s records: At 1 January 2016, rent paid in advance: $4000$. Over the year ended 31 December 2016, rent paid: $41000$. At 31 December 2016, rent paid in advance: $7000$. What amount of rent will be shown in the income statement for the year ended 31 December 2016?
- A$34000$
- B$38000$
- C$41000$
- D$44000$