A company began operations January 1, 2020. The following balances were taken from the general ledger after adjusting entries were posted for December 31, 2020. All accounts have a normal balance. Account Balance Account Balance Cash 14,100 Accounts payable 2,000 Accounts receivable 30,000 Salaries payable 5,000 Inventory 20,000 Common stock 60,000 Prepaid insurance 8,800 Dividends 15,000 Prepaid rent 13,500 Revenue 150,000 Equipment 50,000 Depreciation expense 5,000 Accumulated depreciation 5,000 Insurance expense 9,600 Salaries expense 56,000 The company purchased the insurance policy on January 1, 2020. What is the policy length in months?