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28 On December 31, 2020. Coolwar, Inc. had a balance in its prepaid insurance account of 552400 During 2021 500.000 was paid formance. At the

28 On December 31, 2020. Coolwar, Inc. had a balance in its prepaid insurance account of 552400 During 2021 500.000 was paid formance. At the end of 2021 er t he prepaid insurance account was $44.000 insurance expense for 2021 was g es were recorded the banen 590000

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