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Heartland Corporation records all insurance premiums as prepaid insurance. Additional information for the current year is presented below Prepaid Insurance, January 1 Insurance expense for

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Heartland Corporation records all insurance premiums as prepaid insurance. Additional information for the current year is presented below Prepaid Insurance, January 1 Insurance expense for year Prepaid Insurance, December 31 $63,000 $200,000 79,000 What were the total amount of insurance premiums paid during the year? OA. S216.000 OB. $142,000 O C. $200,000 O D. $279,000

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