Required Information [The following information applies to the questions displayed below.] A company makes the payment of a one-year insurance premium of $4,464 on March 1, 2019. -1. Use the horizontal model to record the above transaction. (Use amounts with + for Increases and amounts with - for decreases.) Cash Prepaid insurance Assets (4,484) 4,464 Balance Sheet Liabilities Income Statement Stockholders' Equity Net Income Revenues Expenses