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The Balance Sheet information on December 31 is: 2020 2019 Prepaid Insurance $19,000 $10,000 If Insurance expense reported on the income statement of 2020 was

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The Balance Sheet information on December 31 is: 2020 2019 Prepaid Insurance $19,000 $10,000 If Insurance expense reported on the income statement of 2020 was $80,000, the cash payments during 2020 for the insurance is $

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