Allie and Sarah decided that they want to purchase renters insurance for the apartment they share. They made a list of all of the items to be covered by the insurance policy, along with their estimated values. If the items to be covered total more than $3000, the insurance company charges an annual premium of 23% of the total value of the items. If the items to be covered total $3000 or less, the insurance company charges an annual premium of 20% of the total value of the items. Using the list of items Allie and Sarah provided, determine their monthly renters insurance premium. Allie's Stuff Sarah's Stuff TV ($250) Stereo ($75) Stereo ($150) Bicycle ($250) CD's ($225) CD's ($130) DVD's ($385) DVD's ($300) Bicycle ($400) IPOD ($80) Microwave ($30) Computer ($675) Laptop Computer ($950) a. $65.00 b. $74.75 c. $325.00 d. $780.00 Please select the best answer from the choices provided