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A corporation paid insurance premiums of $10,000. The following balance were taken. December 31, 2020 December 31, 2019 Prepaid Insurance 1,500 1,100 Amount of insurance

A corporation paid insurance premiums of $10,000. The following balance were taken.

December 31, 2020 December 31, 2019
Prepaid Insurance 1,500 1,100

Amount of insurance expense reported in 2020 is?

a. 9,600

b. 11,700

c. 10,00

d. 9,200

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