An analysis of Thrift Corp.'s unadjusted prepaid expense account at December 31, Year 4, revealed the following: Thrift had an opening balance of $1,500 for its comprehensive insurance policy. Thrift had paid an annual premium of $3.000 on July 1. Year 3. A $3.200 annual insurance premium payment made July 1. Year 4 was unadjusted. A $2,000 advance rental payment for a warehouse Thrift leased for one year beginning January 1, Year 5 was included. In its December 31, Year 4. Balance Sheet, what amount should Thrift report as prepaid expenses? $5.200$1.600$3.600$2.000