FABM 1.COM Nestor Alegre has insured his truck and building with Stronghold Insurance Co. The following data relates to the insurance coverage and premium payments: Property Insured Date of Coverage Amount Paid Building June 1 2021-June 1 2022 P12 000 Truck Oct.1,2021-Oct 1.2022 6.000 Requirement: 1, How much is the expired portion of the insurance premium payment on December 21, 20217 2.At what amount will the Prepaid Insurance or Unexpired insurance show in the Balance Sheet as of December 31, 2021. 3.Assuming that the insurance of the building was paid on May 28 2021,using the asset method,what is the adjusting entry on December 31,2021? 4.Assuming that the insurance of the truck was paid on on October 2 2021,using the expense method,what is the adjusting entry on December 31,2021