accounting period ends on December $31,$ the amount of insurance expense recognized in Year $2$ is

$$300$

zero

$$1,200$

$$900$

On October $1$ of Year $1,$ a company paid $$1,200$ cash in exchange for a one$-$year insurance policy. Based on this information, and assuming the company's accounting period ends on December $31,$ the amount of insurance expense recognized in Year $2$ is

$$300$

zero

$$1,200$

$$900$