As a Google Cloud Architect, you have been engaged by your client to lead the migration of their application infrastructure to Google Cloud Platform (GCP). The client is currently facing an issue where their on-premises high-performance Storage Area Network (SAN) requires frequent and expensive upgrades to keep up with their diverse workloads. The workloads are as follows: 20 TB of log archives that must be retained for legal reasons; 500 GB of VM boot/data volumes and templates; 500 GB of image thumbnails; and 200 GB of customer session state data, which needs to allow customers to restart sessions even if they are offline for several days. Which of the following best reflects your recommendations for a cost-effective storage allocation in GCP?