Response to the following problem:
Good hope Hospital provides you with the following information:
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12/31/X2
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12/31/X1
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Deferred rental income
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$8,000
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$7,500
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Prepaid rent
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7,400
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&zoo
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Accrued rent receivable
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6,30o
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6,200
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Accrued rent payable
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5,100
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5,900
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The hospital's 20X2 statement of operations reports rental income of $40,000 and rental expense of $60,000.
Required:
(1) What was the amount of rent received in cash during 20X2?
(2) What was the amount of rent paid in cash during 20X2?