An Insurance Company Needs to Determine the Annual Premium Required $\$$

An insurance company needs to determine the annual premium required to break even on fire protection policies with a face value of $\$$ 80,000. If x is the claim size on these policies and the analysis is restricted to the losses $\$$ 30,000, $\$$ 60,000, and $\$$ 80,000, then the probability distribution of x is as shown in the table. What premium should customers be charged for the company to break even? Round your answer to the nearest dollar. $$\begin{array} { l l l l l } x & 0 & 30,000 & 60,000 & 80,000 \\P ( x ) & 0.9940 & 0.0032 & 0.0010 & 0.0018\end{array}$$

A) $\$$ 298
B) $\$$ 17
C) $\$$ 42,500
D) $\$$ 300
E) $\$$ 50,000