Alexis purchased a universal life policy in August. 1985 ( G2 policy) in the amount of $200.000. She charged jobs and is receiving a reduced income so she has decided to reduce her coverage to $150,000. Her policy has a cauh value (cs) of $20,000 and an ACB of $8,000. Her personal tax rate is 26%. What amount of taxes will she have to pay as a result of this partial surrender? Select one: a. $780 b. $1,820 c. $1,300 d. $3,120