A borrower purchased a $250,000 house with 5 percent down payment taking a mortgage loan for the rest of the amount. Private mortgage insurance covers 6 percent of the loan. Suppose the borrower defaults after the loan has been paid down to $232,000. Suppose further the lender is able to sell the foreclosed house for $210,000. What compensation from the mortgage insurer does the lender get? A. $14,250 B. $15,000 C. $11,750 D. $27,500 E. $13,920 F. $22,000