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Question - Fink Insurance collected premiums of $19,000,000 from its customers during the current year. The adjusted balance in the Deferred premiums revenue account increased from $5.0 million to $9.5 million dollars during the year. What is Fink's revenue from insurance premiums recognized for the current year?
a. $14,500,000.
b. $19,000,000.
c. $23,500,000.
d. $9,500,000.
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