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A. Accrued interest B. Supplies used during the period. C Cash invested by stockholders. D.Accrued wages. E. Expired portion of prepaid insurance. 30.On May 1,

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A. Accrued interest B. Supplies used during the period. C Cash invested by stockholders. D.Accrued wages. E. Expired portion of prepaid insurance. 30.On May 1, a two-year insurance policy was purchased for $18,000 with coverage to begin immediately. What is the amount of insurance expense that would appear on the company's income statement for the first year ended December 31? A. $750. B. $5,270. C $6,000. D. $6,750. E. $18,000

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