LePage Corporation Reported a Beginning Balance of $2,200 in Its

Multiple Choice

LePage Corporation reported a beginning balance of $2,200 in its Prepaid Insurance account.During the year,a total of $17,000 was recognized as Insurance Expense and the Prepaid Insurance account had an ending balance of $1,800.How much cash did LePage pay for insurance during the year?

A) $16,600
B) $17,400
C) $17,000
D) $18,800