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A home with a replacement value of $ 2 4 8 , 0 0 0 is insured in a policy that contains an 8 0

A home with a replacement value of $248,000 is insured in a policy that contains an 80% coinsurance clause. The face value of the policy is $174,000. If a fire causes damage valued at $3,500, find the amount of compensation to the owner by the insurance company.
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