3 Homework Sirved Hel On September 1, Year 1, a company paid an $23,400 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. Income Statement Insurance Expense Accrual Basis Cash Basis Balance Sheet Prepaid Insurance Accrual Basis December 31, Year 1 December 31. Year 2 December 31, Year 3 December 31, Year 4 Cash Basis Year 1 Year 2 Year 3 Year 4 Total ces