Required information Exercise 5-19 (Algo) Prepaid expenses-insurance LO 10 [The following information applies to the questions displayed below] A company makes the payment of a one-year Insurance premium of $4,584 on March 1, 2019. Exercise 5-19 (Algo) Part d d. If the premium had been $9,168 for a two-year period, how should the prepaid amount at December 31, 2019, be reported on the balance sheet? Non-current asset Current asset S 4,584