please answer questions on second picture thanks!

pplus at Dember 31 of 3, What amount should be reported on the current year's income statement for Insurance Expense? For 4. What amount should be reported on the current year's balance sheet for Prepaid Insurance? For the current year, assuming that the shipping supplies purchased during the current year were d in full to the account Shipping Supplies. Shipping Supplies Expense? Shipping Supplies? E4-6 Recording Adjusting Entries and Reporting Balances in Financial Statements LO4-1,4-2 Gauge Construction Company is making adjusting entries for the year ended March 31 of the cu year. 2 rrent In developing information for the adjusting entries, the accountant learned the following: a. The company paid $1,800 on January 1 of the current year to have advertisements placed in the monthly neighborhood paper. The ads were to be run from January through June. The bookkeeper debited the full amount to Prepaid Advertising on January 1. b. At March 31 of the current year, the following data relating to Construction Equipment were obtained from the records and supporting documents. Construction equipment (at cost) Accumulated depreciation (through March 31 of the prior year) Estimated annual depreciation for using the equipment $340,000 132,000 34,000