On May 1, 2017, a company paid an $24,300 premium on a 36-month insurance policy for coverage beginning on that date. Refer to that policy and fill in the blanks in the following table. Balance Sheet Prepaid Insurance Income Statement Insurance Expense Accrual Basis Cash Basis Accrual Basis Cash Basis Dec. 31, 2017 2017 Dec. 31, 2018 2018 Dec. 31, 2019 2019 Dec. 31, 2020 2020 Total $ 0 $ 0