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Business, 21.02.2020 23:33 jfox8741

Mountaineer Excavation operates in a low-lying area that is subject to heavy rains and flooding. Because of this, Mountaineer purchases one year of flood insurance in advance on March 1, paying $36,000 ($3,000/month).
Required:
1. Recore the purchase of insurance in advance on March,1.

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