o Required Information [The following information applies to the questions displayed below.) A company makes the payment of a one-year Insurance premium of $3,768 on March 1, 2019. 2-1. Use the horizontal model to record the above transaction. (Use amounts with + for increases and amounts with - for decreases.) Balance Sheet Liabilities Assets Stockholders' Equity Net Income 5 for decreases.) Income Statement ty Net Income Revenues Expenses ! Required information The following information applies to the questions displayed below.) A company makes the payment of a one-year Insurance premium of $3,768 on March 1, 2019. b-1. Use the horizontal model to show the amount of insurance premium "used" that month. (Use amounts with + for increases and amounts with - for decreases.) Balance Sheet + Llabilities Inca Assets + Stockholders' Equity Net Income Revenues low. m of $3,768 on March 1, 2019 llum 'used" that month. (Use amounts with for increases and + Income Statement Revenues + Stockholders' Equity Net Income Expenses Required information [The following information applies to the questions displayed below.) A company makes the payment of a one-year insurance premium of $3,768 on March 1, 2019. c. Calculate the amount of prepaid insurance that should be reported on the December 31, 2019, balance sheet with respect to this policy Prepaid insurance