On October 31, 20x2 Cooper Limited purchased a $6808.19, 2.5 year insurance policy for their automobile. The accountant debited the full amount to prepaid insurance. Now, at year-end December 31, 202, the following adjustment is required: Select one: A credit of $680.82 to prepaid insurance and a debit to insurance expense. A credit of $1134.70 to insurance expense and a debit to prepaid insurance A credit of $453.88 to prepaid insurance and a debit to insurance expense A debit of 453.88 to prepaid insurance and a credit to insurance expense