Seved When Castle Corporation pays insurance premiums, the transaction is recorded as a debit to prepaid insurance Prepaid insurance at January 1 Insurance expense recognized during the year Prepaid insurance at December 31 $52,500 218, 15e 61,450 What was the total amount of cash paid by Castle for insurance premiums during the year? Multiple Choice $2270 $218.150 5155 650 5209 200 - ble to search E