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Question 1 (1 point) Vintage Wine Insurance Inc. offers insurance on wine collections. At the end of 2020, Vintage Wine Insurance Inc. had deferred insurance

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Question 1 (1 point) Vintage Wine Insurance Inc. offers insurance on wine collections. At the end of 2020, Vintage Wine Insurance Inc. had deferred insurance revenue of $ 86000. During 2021, Vintage Wine Insurance Inc. signed new insurance contracts for $ 80000. At the end of 2021, Vintage Wine Insurance Inc. had deferred insurance revenue of $ 90000. How much revenue would Vintage Wine Insurance Inc. recognize from its insurance contracts during 2021? Your

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