Final answer:
The total amount of Prepaid Insurance at the end of June 30, 2016, after considering both the initial payment on April 30 and the adjusting journal entry is $39,000.
Step-by-step explanation:
The total amount of Prepaid Insurance at the end of June 30, 2016, after considering both the initial payment on April 30 and the adjusting journal entry, can be calculated by adding the initial payment made on April 30 to the adjusting journal entry made for the period from April 30 to June 30. Given the information provided, we can see that the initial payment made on April 30 is $36,000, and the adjusting journal entry for the period from April 30 to June 30 is $3,000. Therefore, the total amount of Prepaid Insurance at the end of June 30, 2016, is $36,000 + $3,000 = $39,000.