The insured has a BPP with no optional coverages. The ACV of his building is $250,000. His policy limit is $150,000. His coinsurance percentage is 80%. How much will the insurer pay if the insured has a $50,000 covered loss? [Assume no deductible applies.] Select one: a. $37,500 O b. $48,200 C. $40,000 d. $50,000