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The following information is available related to Jackson Company's insurance policies: Date of Life Cost at Policy # Purchase of Policy Purchase Date 56598 Nov.
The following information is available related to Jackson Company's insurance policies: Date of Life Cost at Policy # Purchase of Policy Purchase Date 56598 Nov. 1, 2019 2 years $3,000 63978 Mar. 1, 2020 3 years $2,700 Calculate the amount of prepaid insurance shown on Jackson Company's December 31, 2020 balance sheet.
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