Bramble Corp. purchased a 12-month insurance policy on March 1, 2022 for $2640. At March 31, 2022, the adjusting journal entry to record expiration of this asset will include: a debit to Prepaid Insurance and a credit to Cash for $2640. a debit to Insurance Expense and a credit to Cash for $220. a debit to Insurance Expense and a credit to Prepaid Insurance for $220. a debit to Prepaid Insurance and a credit to Insurance Expense for $264