Pcxle Company paid or collected during 2017 the following items: Insurance premiums paid Interest collected Salaries paid S 12,400 125,200 The following balances have been excerpted from Pcxle's balance sheets: December 31 , 2017 December 31 , 2016 Prepaid insurance Interest receivable Salaries payable S 1,200 3,700 12,300 S 1,500 2,900 10,600 I _ The insurance on the income statement for 2017 was: a) S 9,700. b) S12,lOO. c) S12,700_ d) S15,lOO. e) S12,400. 2. The interest revenue on the income statement for 2017 was: a) S19300. b) S25,lOO. c) S26,700_ d) S.32500. e) S25,900 3. The salary exvknse on the income statement for 2017 was: S102,300. a) b) S123,500 S 126,900. c) d) S148,lOO. S 125,200. e)