Yummy Foods purchased a two-year fire and extended coverage insurance policy on August 1, 2021, and charged the $4,800 premium to Insurance expense. At its December 31, 2021, year-end, Yummy Foods would record which of the following adjusting entries? Multiple Choice Prepaid insurance Insurance expense 1,000 1,000 1,000 Insurance expense Prepaid insurance 1.000 3,800 Prepaid insurance Insurance expense 3,800 Insurance expense Prepaid insurance Insurance payable 1,000 3,800 4.800