On December $1,2022,$ an advance rent payment of $$11,400,$ representing a three$-$month prepayment for the months of December, January, and February, was received in cash from the company$$s tenant. Required: Use the horizontal model to record the effects of the following items and complete the below table. Indicate the financial statement effect. The three months of rent collected in advance on December $1,2022.$ The adjustment that will be made at the end of each month to show the amount of rent "earned" during the month. Note: Enter decreases with a minus sign to indicate a negative financial statement effect.