On September 1, 2021, a town purchases a two-year insurance policy for $60,000. If the town were to use the consumption method, then it would record the Insurance expenditure / expense on its general fund / government -wide statement of net position for FY 2021 ended at 12/31/2021: a. Insurance expenditure -General Fund Statement: $60,000 Insurance expense -Government -Wide Net Position : $60,000 b. Insurance expenditure -General Fund Statement: $60,000 Insurance expense -Government -Wide Net Position : $10,000 c. Insurance expenditure -General Fund Statement: $10,000 Insurance expense -Government -Wide Net Position : $10,000 d. Insurance expenditure -General Fund Statement: $10,000 Insurance expense -Government -Wide Net Position : $60,000