Destion 5 O out of 0.2 po A one year insurance premium of $1,580 was paid on October 1, 2021 by the Cool Company, for coverage beginning on that date. As of December 31, 2021 the unadjusted balances were $1,580 for Prepaid Insurance and $0 for Insurar Expense What amount should be reported on the 2021 Balance Sheet as Prepaid Insurance