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A manufacturing facility incurred a $1,350 loss followed by a $12,265 loss and finally a $4,922 loss in the order given, during the current policy

A manufacturing facility incurred a $1,350 loss followed by a $12,265 loss and finally a $4,922 loss in the order given, during the current policy period. The policy has a $12,500 annual aggregate deductible. How much in total will the insurer pay after the final loss? a. $1,115 b. $6,037 c. $18,537 d. $0

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