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Question 5 (2 points) Hawkies Inc.'s fiscal year ends on May 31. On September 1, 2019 Hawkies Inc. paid $ 96000 for insurance from September

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Question 5 (2 points) Hawkies Inc.'s fiscal year ends on May 31. On September 1, 2019 Hawkies Inc. paid $ 96000 for insurance from September 1, 2019 to August 31, 2020. On September 1, 2020 Hawkies Inc. paid $ 18000 for insurance from September 1, 2020 to August 31, 2021. Calculate insurance expense for the year ended May 31, 2021. Round your answer to the nearest dollar

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