O Seafood R Us (SRU) has chosen the following forms as part of its Commercial Package Policy (CPP): Business Income and Extra Expense Form Causes of Loss - Special Form Read the following 'Background Information on SRU then complete both parts of the assignment as instructed below. O BACKGROUND INFORMATION . The Company: In a business where their reputation for following through on promises drives their growth, Seafood R Us (SRU) is seen as second to none. SRU recently expanded their suppliers of fish from across the globe to meet the demands of the gourmet restaurants they supply. SRU processes and packages the seafood in its main facility. Trucks are loaded with the product beginning at 4AM for daily delivery to local restaurants and supermarket warehouses for immediate use. SRU is considering upgrades to more environmentally friendly building materials. SRU has evaluated historical sales data from the past five years and has noticed a significant increase in demand between June and August and again between November and January Property Information: Main facility is owned by SRU and is 70 years old. Main facility has one large frozen refrigeration unit and two smaller chilling units used to hold inventory. The two smaller units are permanently installed. Main facility has a processing line which includes a conveyor belt and equipment used to prepare the seafood for packaging. The second floor of the facility includes a floor of offices and cubicle spaces with standard office equipment and leased computers. Overflow inventory is stored at the 2 leased warehouses. Each warehouse has one large refrigeration unit. C) SRU's estimated net income and operating expenses for the 12 months following policy inception were $300,000 and $200,000, respectively. Thus, its coinsurance basis is $500,000. (This is for informational purposes only. Use this information to answer the next question.) D) In the declarations, SRU has chosen a coinsurance rate on its Bl+EE coverage as 90%. Calculate the amount of insurance required per the coinsurance condition. E) The limits of insurance purchased by SRU for its BI+EE coverage are $400,000. Given the loss amount in the first question and the coinsurance requirement, will the loss be paid in the full amount? If not, what is the loss payment with the penalty? O Seafood R Us (SRU) has chosen the following forms as part of its Commercial Package Policy (CPP): Business Income and Extra Expense Form Causes of Loss - Special Form Read the following 'Background Information on SRU then complete both parts of the assignment as instructed below. O BACKGROUND INFORMATION . The Company: In a business where their reputation for following through on promises drives their growth, Seafood R Us (SRU) is seen as second to none. SRU recently expanded their suppliers of fish from across the globe to meet the demands of the gourmet restaurants they supply. SRU processes and packages the seafood in its main facility. Trucks are loaded with the product beginning at 4AM for daily delivery to local restaurants and supermarket warehouses for immediate use. SRU is considering upgrades to more environmentally friendly building materials. SRU has evaluated historical sales data from the past five years and has noticed a significant increase in demand between June and August and again between November and January Property Information: Main facility is owned by SRU and is 70 years old. Main facility has one large frozen refrigeration unit and two smaller chilling units used to hold inventory. The two smaller units are permanently installed. Main facility has a processing line which includes a conveyor belt and equipment used to prepare the seafood for packaging. The second floor of the facility includes a floor of offices and cubicle spaces with standard office equipment and leased computers. Overflow inventory is stored at the 2 leased warehouses. Each warehouse has one large refrigeration unit. C) SRU's estimated net income and operating expenses for the 12 months following policy inception were $300,000 and $200,000, respectively. Thus, its coinsurance basis is $500,000. (This is for informational purposes only. Use this information to answer the next question.) D) In the declarations, SRU has chosen a coinsurance rate on its Bl+EE coverage as 90%. Calculate the amount of insurance required per the coinsurance condition. E) The limits of insurance purchased by SRU for its BI+EE coverage are $400,000. Given the loss amount in the first question and the coinsurance requirement, will the loss be paid in the full amount? If not, what is the loss payment with the penalty