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On May 1, 2021, Lisava Corp. purchased a two-year insurance policy for $96,000 with coverage beginning immediately. The balance of Prepaid Insurance on December 31,

On May 1, 2021, Lisava Corp. purchased a two-year insurance policy for $96,000 with coverage beginning immediately. The balance of Prepaid Insurance on December 31, 2022 is 64,000 O 16,000 O 80,000 32,000

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