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A building with a replacement cost of $1,800,000 has fire damages of $297,000. The insurance coverage is split between Company A ($494,000) and Company B

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A building with a replacement cost of $1,800,000 has fire damages of $297,000. The insurance coverage is split between Company A ($494,000) and Company B ($139,000). Find (a) the amount of the loss covered and (b) the amount paid by each company (a) Find the amount of loss covered (Round to the nearest cent as needed)

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