2. After inspecting the factory located in Dallas and analyzing its past loss data, the risk manager of the Ashford Furniture Company estimated the following distribution within the next year: 12 losses of $10,000, 4 losses of $20,000, and 2 losses over $20,000. For property insurance of this factory, there were three insurers' bids. Assuming the goal is to minimize the total amount of the payment due to property losses, which bid should the risk manager choose, assuming a 6% discount rate, and the following information of the bids? Insurer A: $200,000 annual premium with $5,000 per-claim deductible Insurer B: $120,000 annual premium with $10,000 per-claim deductible Insurer C: $80,000 annual premium with $15,000 per-claim deductible