on november 1, 2019, gordon co. collected $10,020 in cash from its tenant as an advance rent payment on its store location. the six-month lease period ends on april 30, 2020, at which time the contract may be renewed. problem 7-25 (algo) part c c. suppose the advance collection received on november 1, 2019, covered an 24-month lease period at the same amount of rent per month. how should gordon co. report the unearned rent amount on its december 31, 2019, balance sheet?