A company prepays a $12-$month insurance policy for $$4,800$ on December $31,2018.$ The policy is in effect on January $1,2019.$ How much will equity change by January $31,2019$ due to the insurance policy?

Select one:

a$.$ $$4,800$

b$.$ None of the choices

c$.$$$4,400$

d$.$$$400$