When Castle Corporation pays insurance premiums, the transaction is recorded as a debit to prepaid insurance. Additional information for the year ended December 31 is as follows:

Prepaid insurance at January 1	$52,500
Insurance expense recognized during the year	$218,650
Prepaid insurance at December 31	$62,850

What was the total amount of cash paid by Castle for insurance premiums during the year?

A. $166,150

B. $218,650

C. $229,000

D. $208,300