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On July 1, a company paid the $4,440 premium on a one-year insurance polky with benefits beginning on trat date. What wit be the insurance

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On July 1, a company paid the $4,440 premium on a one-year insurance polky with benefits beginning on trat date. What wit be the insurance expense on the annual income statement for the first year ended December 31? Multiple Choice $2,220 54,440 $1,10. 53,300 51.850

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