On March 1, 2006, a company paid an $18,000 premium on a 36-month insurance policy for coverage beginning on that date. Refer to that policy and fill in the blanks in the following table:

Balance Sheet Insurance Asset Using Insurance Expense Using Accrual Cash Accrual Cash Basis Basis Basis Basis Dec. 31, 2006 $_______ $_______ 2006 $_______ $_______ Dec. 31, 2007 _______ _______ 2007 _______ _______ Dec. 31, 2008 _______ _______ 2008 _______ _______ Dec. 31, 2009 _______ _______ 2009 _______ Total $______________ $______________