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15. Sunshine Garden Center, Inc. has a Building and Personal Property coverage form, CP 00 10, and has monthly fluctuating values for their inventory. They

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15. Sunshine Garden Center, Inc. has a Building and Personal Property coverage form, CP 00 10, and has monthly fluctuating values for their inventory. They have a Value Reporting Form, CP 13 10, to insure their business Personal Property (Inventory and fixed personal property). The limit of insurance is $2,000,000 with a $5,000 deductible. All reports have been made on time and the last report (September) was for $550,000 in value. On October 4, they received a large shipment of their Christmas inventory and on October 5, a fire occurred, and they had a $752,000 inventory loss. How much will the insurance company pay? A. $752,000 B. $550,000 C. $747,000 D. $545,000

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