Nico has a personal injury protection policy that covers each person in, on, around, or under his car for medical expenses as a result of an accident. Each person can collect up to $50,000. Nico is involved in an accident and three people are hurt. One person has $23,000 of medical expenses, one person has $500 worth of medical expenses, and Nico himself has medical expenses totaling $70,000. How much money must the insurance company pay out for these three people