Answer the following question:

Sammy owns a surf & skate shop insured under a CPP that includes BPP coverage, with a causes-of-loss broad form. The CPP also includes CGL coverage, written on an occurrence basis. Pursuant to the declarations page, the coverage applies to the shop itself and Sammy's business property. Sammy also insured the business for $100,000 under a business income (and extra expense) coverage form. During a fire, the automatic sprinkler system Sammy had installed in the building ruins a portion of his surfboard inventory. Based on the info above, is the loss covered? Yes, because inventory is a liquid asset. Yes, because property damage due to fire sprinklers is covered under the policy. No, because property damage due to fire sprinklers is not covered under the policy. ONo, because damage to inventory is not covered