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21. The income statement of Dolan Corporation for 2012 included the following items: Interest revenue $131,000 Salaries and wages expense 170,000 Insurance expense 15,200 The
21. The income statement of Dolan Corporation for 2012 included the following items: Interest revenue $131,000 Salaries and wages expense 170,000 Insurance expense 15,200 The following balances have been excerpted from Dolan Corporation's balance sheets: December 31, 2012 December 31, 2011 Interest receivable $18,200 $15,000 Salaries and wages payable 17,800 8,400 Prepaid insurance 2,200 3,000 The cash paid for insurance premiums during 2012 was A) $13,000. B $12,200. C) $16,000. D) $14,400
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