Rent prepaid as at the commencement of the year was £8,000. Having agreed to pay rent at £4,000 per month, the business was able to pay during the year only £28,000. What is the position at the year-end?

a). Rent pre-paid is £12,000.

b). Rent prepaid is £4,000.

c). Rent accrued is £12,000.

d). Rent accrued is £20,000.