Eve's Apples opened for business on January 1, 2021, and paid for two insurance policies effective that date. The liability policy was $55,800 for 18 months, and the crop damage policy was $31,200 for a two-year term. What was the balance in Eve's Prepaid Insurance account as of December 31, 2021? Multiple Choice $52.800 $15.600 $34.200 O O $52,800 O $15,600 $34,200 $87,000