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Pilot Company Reported the Following Information for 2015 and 2016

question 168

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Pilot Company reported the following information for 2015 and 2016. Prepaid insurance, December 31, 2015 $2,400
Prepaid insurance, December 31, 2016 1,500
Insurance expense--2016 14,200
How much cash was paid for insurance during 2016?


Definitions:

Point Source

A single, identifiable source of pollution, such as a pipe or a drain, from which pollutants are discharged.

Pollution

The introduction of contaminants into the natural environment that cause adverse change to air, water, or soil.

Factory Smokestack

A large chimney through which industrial gases, smoke, and particles are expelled into the atmosphere, often associated with manufacturing plants.

Preventable Health Problems

Health issues that can be avoided through interventions such as vaccinations, healthy lifestyle choices, and public health measures.

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