1. Suppose Sunshine Inc. has a $1 million per occurrence deductible, $3 million aggregate deductible and a $3 million stop loss provision. During the policy period, it has three losses: $0.5 million, $0.8 million, and $2 million. Calculate Sunshine Inc.'s and its insurer's payments respectively based on a) per occurrence deductible; b) aggregate deductible; c) per occurrence deductible with stop loss provision