Yodel & Company paid $3,600 on 6/1/2010 for a 2 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.

Insurance expensePrepaid insurance at December 31

2010______________________________________________

2011______________________________________________

2012______________________________________________