+Ch 09 Assignment Question 5 of 5 < -15 E Vpem Pipeline Inc. operates on a calendar-year basis. At the end of December 2020, the company had the following current liabilities on its books: Accounts payable $88,300 Wages payable 23,200 Rent payable 60,700 Dividend payable 11,400 Unearned revenue 116,000 In January, the following events occurred: 1. Vpem's pipeline is located on leased land. The rent payable at the end of December represented the payments that should have been made at the beginning of November and December. In January, Vpem paid the past rent owed, as well as the rent for January and February 9:48 P 20C Mostly cloudy 44 7/10/20