Please help me answer the chart with the given info. Thank you!

QS 3-5 (Algo) Prepaid (deferred) expenses adjustments LO P1 For each separate case below, follow the three-step process for adjusting the prepaid asset account at December 3 Step 1: Determine what the current account balance equals. Step 2: Determine what the current account balance should equal. Step 3: Record the December 31 adjusting entry to get from step 1 to step 2. Assume no other adjusting entries are made during the year. a. Prepaid Insurance. The Prepaid Insurance account has a $5,500 debit balance to start the year. A review of insurance policies shows that $1.300 of unexpired insurance remains at vear-end. \begin{tabular}{l} b.PrepaidInsurance.ThePrepaidInsuranceaccounthasa$6,690debitbalanceatthestartoftheyear.Areviewofinsurancepoliciesshows$1,360ofinsurancehasexpiredbyyear-end. \\ \hline \end{tabular}