Mike Purchased a Whole Life Policy with a Face Value

Mike purchased a whole life policy with a face value of $1,000,000 and dies several years later.At the time of his death,Mike has: paid a total of $12,000 in premiums;accumulated $25,000 in cash value;received a total of $5,000 in policy dividends;and has a $10,000 policy loan outstanding.If Mike's beneficiaries elect to receive a lump-sum distribution of death benefits,how much will it be?

A) $1,025,000
B) $1,015,000
C) $1,000,000
D) $ 990,000
E) $ 985,000