37 2.5 pts Early in 2021, Seagulls Inc. discovered that a five-year insurance premium payment of $50,000 at the beginning of 2018 was debited to insurance expense. The correcting entry would include (ignore taxes): A credit to retained earnings of $20,000. O None of the options listed. A debit to prepaid insurance of $50,000. OA debit to prepaid insurance of $30,000. A debit to insurance expense of $20,000