AM Sat Mar 14 Question 2 12 pts Assuming the acquisition cost valuation basis is used, and that revenue is recognized at the time goods are sold or services are rendered using the accrual basis of accounting, indicate the amount of expense recognized during March, if any in each of the following independent situations: Round your answers to the nearest dollar. Do not use decimal points. $ 1800 Rent of $1.800 is paid on March 1 for the 2 months starting at that time. $ 1000 An advance of $100 on the April salary is paid to an employee on March 28. $ 200 Property taxes on a store building for the year of $2,400 were paid in January $ 900 An employee earned $900 of commissions during March but has not yet been paid. $ 5000 The cost of equipment purchased on March 26, to be put into operation on April 1, is 5,000. $4800 At March 1, the balance in the Prepaid Insurance account was $4,800. The insurance policy had 12 months to run at that time