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On July 1, 2018, the company paid the insurance $24,000 for the two years' insurance coverage beginning on January 1, 2020. On December 31, 2018,

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On July 1, 2018, the company paid the insurance $24,000 for the two years' insurance coverage beginning on January 1, 2020. On December 31, 2018, what is the amount of prepaid expenses under the non-current asset section? $24,000 $12,000 $18,000

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