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Eve's Apples opened its business on January 1, 2021, and paid for two insurance policies effective that date. The policy for equipment damage was $34,380

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Eve's Apples opened its business on January 1, 2021, and paid for two insurance policies effective that date. The policy for equipment damage was $34,380 for 18 months, and the crop damage policy was $14,100 for a two-year term What is the balance in Eve's prepaid insurance as of December 31, 2021? Multiple Choice $18,510 $48,480 $44,070 $14.985

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