A review of the ledger of Oriole Company at December 31, 2017, produces these data pertaining to the preparation of annual adjusting entries. Prepaid Insurance $19, 404. The company has separate insurance policies on its buildings and its motor vehicles. Policy B4564 on the building was purchased on July 1, 2016, for $10, 800. The policy has a term of 3 years. Policy A2958 on the vehicles was purchased on January 1, 2017, for $10, 404. This policy has a term of 18 months