Roro, Inc. paid $$7,200$ io renow its anly ingurance policy for three years on March $1,$ Yos $5,$ the effective sale of the policy of March $31,$ Year $5.$ Aoros unaduslod lrial halonce showed a balance of $$300$ for propad insurance and $$7,200$ for ingurarce expense. What amounts should ber repoled for prepad isurance and ingurance expense in fiond's finarcia stathererts for the tree monits andod March $31,$ Yer $5?$ please explain this question in detail

Arepaid Mavence

inswance exporist

A$.$ $$37000,$$$500$

$.$ $$7000$$$$900$

C$.$ $$7300,$$$200$

D$.57700,5300$