At December 31, 2011, Before Any Year-End Adjustments, Cable Car

Multiple Choice

At December 31, 2011, before any year-end adjustments, Cable Car Company's Insurance Expense account had a balance of $1,450 and its Prepaid Insurance account had a balance of $3,800.It was determined that $3,000 of the Prepaid Insurance had expired.The adjusted balance for Insurance Expense for the year would be

A) $3,000.
B) $1,450.
C) $4,450.
D) $2,250.