[The following information applies to the questions displayed below.]

On April 30, 2016, Rudolph Inc. purchased a three-year insurance policy with a cash payment of $ 27,000. Coverage began immediately.

8.

value: 2.00 points

Required information

What is the amount of Insurance Expense relating to this insurance policy that will be reported for the year ended December 31, 2016?

$6,000

$3,000

$9,000

$12,000