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The fiscal year opened for Sheffield Manufacturing with a $2860 balance in its prepaid insurance account. They purchased $10180 in insurance policies during the year.

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The fiscal year opened for Sheffield Manufacturing with a $2860 balance in its prepaid insurance account. They purchased $10180 in insurance policies during the year. If $1830 of insurance has expired during the year, what is the year-end balance in the prepaid insurance account? O $13040 O $11210 O $8350 O $5490 Save for Later Attempts: 0 of 1 used Submit

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