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Pickering Company's prepaid insurance was $10,500 at December 31, 2015, and $14,500 at December 31,...

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Accounting

Pickering Company's prepaid insurance was $10,500 at December 31, 2015, and $14,500 at December 31, 2016. Pickering reported insurance expense of $20,500 on the 2016 income statement. What amount would be reported in the statement of cash flows as insurance paid using the direct method?

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