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plz explain calculation . Hawkies Inc.'s fiscal yeands on May 31, On September 1, 2019 Hawkies Inc paid $ 60000 for Insurance from September 1,

plz explain calculation . image text in transcribed
Hawkies Inc.'s fiscal yeands on May 31, On September 1, 2019 Hawkies Inc paid $ 60000 for Insurance from September 1, 2019 to August 31, 2020. On sumber 1, 2020 Hawkies ind paid $ 180000 for insurance from September 1, 2020 to August 31, 2021 Calculate insurance expense for the rear ended May 31, 2021 Round your answer to the nearest dollar. Answer: 150000 Hide Feedback 3/12 of the premium for September 1, 2019 to August 31 2020 and 9/12 of the premium for the period September 1, 2010 to August 31, 2021 fall in the fiscal year June 1, 2020 to May 31, 2021

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