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On April 30, 2014, a three-year insurance policy was purchased for $19,080 with coverage to begin immediately. What is the amount of insurance expense that

On April 30, 2014, a three-year insurance policy was purchased for $19,080 with coverage to begin immediately. What is the amount of insurance expense that would appear on the company's income statement for the year ended December 31, 2014?

MC $6,360 $530.00 $14,840 $19,080 $4,240

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