A tv star purchases a 4 year insurance policy for $15,000 on March 31st 2019. He paid the full amount upfront in cash. Which of the following represents the appropriate adjusting entry on December 31st, 2019.

A. debit insurance expense $2750 credit prepaid insurance for $2750

B. Debit insurance expense for $2813, credit prepaid insurance for

C. Debit insurance expense $3750, credit prepaid insurance for $3750

D. Debit insurance expense $3125, credit prepaid insurance for $3125

which is the correct answer