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Thecompany's fiscal year end is December 31. ( answerboxes.) Maya & Company paid $4,920 on June 1 , 2010, for a two-year insurance policy beginning

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Thecompany's fiscal year end is December 31. ( answerboxes.)

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Maya & Company paid $4,920 on June 1 , 2010, for a two-year insurance policy beginning on that date. The company recorded the entire amount as prepaid insurance. By using the following chart, calculate how much expense and prepaid insurance will be reported on the year-end financial statements. The company's fiscal year end is December 31. (Complete all answer boxes.) Insurance expense 2010 2011 2012 Prepaid insurance at December 31

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