1) The amount required to insure a jewelry store up to the face value of the property, with an 80% coinsurance clause, is $318,000. How much compensation is the insurance company obligated to pay the jewelry store if they have an $73,000 loss and the property is insured for $300,000? The compensation is $

2) How much will the liability portion of an automobile insurance policy pay an injured person with medical expenses of $14,916 if the insured has a policy with 50/100/50 coverage and is liable for his or her injuries? The automobile insurance policy would pay $