Question: Here is some data from River Birch Company's balance sheet: 12/31/2020 Prepaid Insurance Balance $2,259 12/31/2019 Prepaid Insurance Balance $2,364 Cash paid for insurance policies

Here is some data from River Birch Company's balance sheet:

12/31/2020 Prepaid Insurance Balance $2,259 12/31/2019 Prepaid Insurance Balance $2,364

Cash paid for insurance policies in 2015 $546

What is the amount of insurance expense for 2020?

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