Case 15. Djinn Company had the following transactions during the quarter ended March 31, 2014: Loss from hurricane 1,000,000 Payment of the fire insurance premium for the year 2014 600,000 Loss on...

Case 15. Djinn Company had the following transactions during the quarter ended March 31, 2014:

15. What total amount of expenses should be included in the income statement for the quarter ended March 31, 2014?

a. 1,000,000
b. 1,150,000
c. 1,450,000
d. 1,900,000