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Pickering Company's prepaid insurance was $12,000 at December 31, 2020, and $16,000 at December 31, 2021. Pickering reported insurance expense of $22,000 on the 2021

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Pickering Company's prepaid insurance was $12,000 at December 31, 2020, and $16,000 at December 31, 2021. Pickering reported insurance expense of $22,000 on the 2021 income statement. What amount would be reported in the statement of cash flows as insurance paid using the direct method? Multiple Choice $22,000. $26,000. $34,000. O $18,000. O

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