BPP question on prepayments

At 1 July 20X4 a company had prepaid insurance of $8,200. On 1 January 20X5 the company paid $38,000 for insurance for the year to 30 September 20X5.

What figures should appear for insurance in the company’s financial statements for the year ended 30 June 20X5?

A
Statement of Profit or Loss – $27,000

Statement of Financial Position — Prepayment $19,000

B
SOPL – $39,300

SOFP — Prepayment $9,500

C
SOPL — $36,700

SOFP — Prepayment $9,500

D
SOPL – $55,700

SOFP — Prepayment $9,500

The correct answer is:

Statement of Profit or Loss. $36,700

Statement of Financial Position. Prepayment $9,500

Why is the prepayment 9.5k? Surely it would be 38,000/3? I don’t understand how to get this number. Thanks!