He lost two spades, one diamond and one club.
After the diamond-king opening lead, East lost one heart, one diamond and one club to make his contract for plus 420.
In this way, Pepsi lost only one club and two spades.
Declarer was destined to lose two spades and one club.
If he released a spade, declarer could take the rest of the suit and lose only one club at the finish.
Declarer had to lose one spade, two hearts, one diamond and one club.
Declarer had to lose three spades, one heart and one club, conceding 800.
In three hearts North lost one spade, one heart and one club for plus 170.
The declarer would lose two trump tricks and one club, but nothing more.
South loses two spades, one diamond and one club.