The adjusted trial balances of Verne Corporation at March 31, 2012, and March 31, 2011, include these amounts (in millions):

Verne completed these transactions during the year ended March 31, 2012.
Collections from customers ......................................... $20,400
Payment of prepaid insurance ............................................ 440
Cash payments for other operating expenses................... 4,300

Compute the amount of sales revenue, insurance expense, and other operating expenses to report on the income statement for the year ended March 31,2012.

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2012 $370 170 700 2011 Receivables. Prepaid in Accrued liabilities payable (for other operating expenses) $220 150 600