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Apex is on the cash basis of accounting and prepaid an insurance policy in 2019. On 11/1/2019 it pays $ 24,000 on a policy that

Apex is on the cash basis of accounting and prepaid an insurance policy in 2019. On 11/1/2019 it pays $ 24,000 on a policy that runs from 11/1/2019 10/31/2020. How much will Apex deduct in 2019 and 2020?

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