1. Underwater Corp. started the year with a balance of $5,500 on Prepaid Insurance and ending the year with a balance of $6,200. If Underwater paid $8,000 of insurance premiums during the period, what is the amount of insurance expense for the period?

2. Uphill Industries started the year with Unearned Service Revenue of $30,000 and ended the year with a balance of $10,000. If Uphill collected $830,000 for services during the year, what was Uphills revenue for the year? (Assume no A/R)

3. Going Under Inc. started the year with $200,000 in Accounts Receivable and ended the year with $700,000 of Accounts Receivable. During the year, Going Under had revenue of $1,200,000. What is Going Unders cash collections on revenue for the year?