Pilot Company Reported the Following Information for 2017 and 2018

question 172

Multiple Choice

Pilot Company reported the following information for 2017 and 2018: $$\begin{array} { l r } \text { Prepaid insurance, December } 31,2017 & \$ 2,400 \\\text { Prepaid insurance, December } 31,2018 & 1,500 \\\text { Insurance expense-2018 } & 14,200\end{array}$$
How much cash was paid for insurance during 2018?

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