Bilal Gupta has the following accounts with an investment dealer whose accounts are insured under CIPF: $1,250,000 Canadian dollar trading account $500,000 US dollar trading account $750,000 Canadian dollar option account $250,000 RRSP account The investment dealer declares bankruptcy. The market value of its accounts is $2 billion and the amount available for distribution is $1.8 billion. How much would Mr. Gupta receive from CIPF? a $0 B $ 275,000

c $ 750,000

d $1,000,000