S Kimmel, Survey of Accounting, 1e seato Multiple Choice Question 170 Whispering Winds Corp. purchased an 18-month insurance policy on May 31, 2017 for $8640. The December 31, 2017 balance sheet would report Prepaid Insurance of s0 because Prepaid Insurance is reported on the Income Statement. o $5280. O $3360. $8640. Open Show Work Click if you would like to Show Work for this question: of 1 used S