Pilot Company Reported the Following Information for 2016 and 2017

Multiple Choice

Pilot Company reported the following information for 2016 and 2017. ? $\begin{array}{lr}\text { Prepaid insurance, December } 31,2016 & \$ 2,400 \\\text { Prepaid insurance, December } 31,2017 & 1,500 \\\text { Insurance expense-2017 } & 14,200\end{array}$ How much cash was paid for insurance during 2017?

A) $13,300
B) $14,200
C) $15,100
D) $15,700