Sue purchased a deferred annuity exactly 30 years ago and faithfully paid $200 each month into the contract. She is now preparing to annultize the contract and is scheduled to receive $600 a month for the remainder of her life (Which is 17 years, based on He expectancy tables). What respect to this, which of the following stacements is TRUE? A) The non-excluded portion of Supls monthly annuity payments wat be taxed as ordinary income. B) The exclusion ratio is approximately 90%. C) Using the exclusion ratio and considering the $600 monthly payments, $554 of that amount will be tacable. D) The exclusion ratio will apply only until the total amount invested in the contract (1.6,472,000) has been recaived: after that poirt in time. future paymerits wil be 100% taxable. An agent can avoid any penalties associated with the exchunge of insurance company products if A) after tharough discussion of the suitability of a possible exchange, no exchange takes place B) the Section 1035 exchange is accomplished within the same company c) the Section 1035 exchange involves a life insurance contract for an annuity contract because eviden the annuity D) the exchange involves one fixed annuliy for another fixed annulyy irvolving two different companies