The adjusted trial balances of Victory Corporation at August 31, 2018, and August 31, 2017, include these amounts (In millions): E (Click the icon to view the trial balance amounts.) Victory Corporation complete these transactions (In millions) during the year ended August 31, 2018. (Click the icon to view the transactions.) Read the requirement. The sales revenue for the year ended August 31, 2018 is $ A Transactions million. Collections from customers A Requirement $ 20,600 420 Payment of prepaid insurance Cash payments for other operating expenses 4,200 1. Calculate the amount of sales revenue, insurance expense, and other operating expenses to report on the income statement for the year ended August 31, 2018. Assume all sales are on account. Print Done Print Done Trial balance amounts 2018 2017 Accounts receivable $ 480 $ 260 380 450 Prepaid insurance Accrued liabilities payable (for other operating expenses) 790 630 Print Done Enter any number in the edit fields and then click Check Answer. ? parts 2 remaining Clear All Check