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The following balances have been taken from Jones Corporation's 12/31 balance sheets: The corporation paid or collected the following items during 2026: Insurance premiums poid

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The following balances have been taken from Jones Corporation's 12/31 balance sheets: The corporation paid or collected the following items during 2026: Insurance premiums poid 517,000 Insurance expense on the income statement for 2026 was: Select one a. $21,000 b. $25,000 c. $8,000 d. $9,000 e. $17,000

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