A manufacturing company prepays its insurance coverage for a three-year period. The premium for the three years is $5,130 and is paid at the beginning of the first year. Ninety percent of the premium applies to manufacturing operations and 10% applies to selling and administrative activities. What amounts should be considered product and period costs respectively for the first year of coverage? Product Period $5,130 $0 $4,617 $513 $3,078 $342 $1,539 $171