The fiscal year opened for Noland Manufacturing with a $2,700 balance in its prepaid insurance account.They purchased $9,600 in insurance policies during the year.If $1,725 of insurance has expired during the year, what is the year-end balance in the prepaid insurance account?
A)$10,575
B)$12,300
C)$7,875
D)$5,175

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The Answer of The fiscal year opened for Noland Manufacturing with a $2,700 balance in its prepaid insurance account.They purchased $9,600 in insurance policies during the year.If $1,725 of insurance has expired during the year, what is the year-end balance in the prepaid insurance account?
A)$10,575
B)$12,300
C)$7,875
D)$5,175

The Fiscal Year Opened for Noland Manufacturing with a $2,700