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WidgetMakers LLC started business January, 01, 2010. They paid a $6,000 premium for insurance coverage...

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Accounting

WidgetMakers LLC started business January, 01, 2010. They paid a $6,000 premium for insurance coverage on their inventory. The coverage expires June 01, 2010. What is the quarterly insurance expense that WidgetMakers should report for the period ending March 30,2010.

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