Edible Chemicals Corporation owns a $$6$ million whole life insurance policy on the life of its CEO, naming Edible Chemicals as beneficiary. The annual premiums are $$90000$ and are payable at the beginning of each year. The cash surrender value of the policy was $$31000$ at the beginning of $2021.1$&$2$ Prepare the appropriate $2021$ journal entries to record insurance expense and the increase in the investment assuming the cash surrender value of the policy increased according to the contract to $$39000.$ The CEO died at the end of $2021.$