On April 30, 2018. Hawes Co purchased a three year insurance policy with a cash payment of $22.500 Coverage began immediately Required: . What is the amount of Insurance Expense relating to this insurance policy that will be reported for the year ended December 31, 2018? b. What is the balance of the Prepaid Insurance account at December 31, 2018" Complete this question by entering your answers in the tabs below. Required A Required B What is the amount of Insurance Expense relating to this insurance policy that will be reported for the year ended December 31, 20182 Insurance Expanse for 2018 Required Required B > Ting Enabled Test 2 - Chapters 4 and 6 On April 30, 2018, Hawes Co. purchased a three year insurance policy with a cash payment of $22.5 Required: a. What is the amount of Insurance Expense relating to this insurance policy that will be reported to 2018? 07 b. What is the balance of the Prepaid Insurance account at December 31, 2018? Complete this question by entering your answers in the tabs below. Required A Required B What is the balance of the Prepaid Insurance account at December 31, 2018? Ending Prepaid Insurance