The table below shows the auto liability loss experience for Insurer B (IB). The losses are over a three-year period, with Year 1 being the earliest year and Year 3, the most recent year. Using the information in the table, and considering the fact that IB insured 100,000 cars each year during this three-year period, which one of the following statements is true? Auto Liability Loss Experience at Year 3 End Year Paid Losses Loss Reserves Incurred Losses 1 $15,000,000 $0 $15,000,000 2 $ 9,000,000 $ 6,000,000 $15,000,000 3 $ 4,500,000 $10,500,000 $15,000,000 Total $28,500,000 $16,500,000 $45,000,000 Available answer options Select only one option A Assuming the information in the table is accurate, IB needs a pure premium of $95 per car, per year, to pay its losses during this past three-year period. B Assuming the information in the table is accurate, IB needs a pure premium of $55 per car, per year, to pay its losses during this past three-year period. C If IB uses the pure premium indicated by this loss experience to develop rates for a future period, the adequacy of loss reserves will not matter because loss reserves will be excluded from the analysis. D Strikeout