QUESTION 2 A cash budget is being prepared for the month of April. One of the items on the Income Statement being used to develop the cash budget is Insurance Expense of $200 a month. You ask the staff accountant what that represents and they tell you it is a prepaid and that the annual insurance invoice is paid in May and is $2,400. What is the amount of cash disbursement you should show in April for insurance? $200 0 $400 O $2,400 $0