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On June 1st 2016, Cougar Corp purchases 3-years of prepaid insurance for $5,400. What would...

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Accounting

On June 1st 2016, Cougar Corp purchases 3-years of prepaid insurance for $5,400. What would be the amount of prepaid insurance listed under non-current assets on Cougar Corp's 2016 Balance Sheet (as of December 31st 2016)?

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