Nagel co.'s prepaid insurance was $95,000 at december 31, 2015 and $45,000 at december 31, 2014. Insurance expense was $31,000 for 2015 and $27,000 for 2014. What amount of cash disbursements for insurance

Nagel co.'s prepaid insurance was $95,000 at december 31, 2015 and $45,000 at december 31, 2014. Insurance expense was $31,000 for 2015 and $27,000 for 2014. What amount of cash disbursements for insurance would be reported in nagel's 2015 net cash provided by operating activities presented on a direct basis?

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Nagel co.'s prepaid insurance was $95,000 at december 31, 2015 and $45,000 at december 31, 2014. Insurance expense was $31,000 for 2015 and $27,000 for 2014. What amount of…

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