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9) Sandra works from home as a certified public accountant. Mack Green's tax return was prepared by her but contains many errors. Mack is suing

9) Sandra works from home as a certified public accountant. Mack Green's tax return was prepared by her but contains many errors. Mack is suing Sandra for negligence. Mack wins a $10,000 judgment in the suit.

Assume that Sandra Rice owns a HO-3 policy for his home. The limits set in his policy are provided below:

Type

Coverage A

Coverage B

Coverage C

Coverage D

Coverage E

Coverage F

Limit

$120,000

$12,000

$60,000

$24,000

$100,000

$5,000

A $350 deductible applies to Section 1, Coverages A, B, and/or C. The replacement cost of Sandras home is $130,000, the contents are valued at $70,000, and the home is 30 percent depreciated. Compute the amount that Sandra will collect in each of the following circumstances and assume that each event occurs independently. Note: a deductible will only apply if losses are less than the coverage limit.

Personal liability limit
Personal liability loss
Is loss excluded (yes/no)
Total collected

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