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On January 1, 2019, Adams Company had a balance in prepaid insurance of $8,000. On December 31, 2019 Adams Company had a balance in prepaid

On January 1, 2019, Adams Company had a balance in prepaid insurance of $8,000. On December 31, 2019 Adams Company had a balance in prepaid insurance of $12,000. Adams 2019 income statement reported insurance expense of $17,000. How much cash did Adams pay for insurance during 2019?

Please explain the reasoning.

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