On February 01, 2020 a small child slips in the pool area of a hotel and suffers severe injuries. The child is awarded total damages of $2,000,000. On April 01, 2020 a hotel guest trips on some misplaced luggage and is awarded total damages of $1,500,000. The hotel has a commercial general liability policy (CGL) and commercial umbrella policy effective Jan. 1, 2020 through Jan. 1, 2121 with limits and provisions detailed below. Commercial General Liability: $1,000,000 each occurrence $2,000,000 general aggregate $2,000,000 products and completed operations aggregate Commercial Umbrella: $2,000,000 limit $25,000 Self-insured Retention Assuming that both losses are covered under the CGL, what amount will the umbrella policy pay towards the claim that occurred on April 01, 2020? Select one: A. $475,000 B. $500,000 C. $1,475,000 D. $1,500,000