A homeowner bought a homeowner's insurance policy when they purchased a new home. The homeowner pays an annual $650 premium for property coverage, with a deductible of $1,350 per claim. A windstorm causes $35,500 in damages to the home and property. If the claim is approved, how much will the homeowner's insurance company pay for the damages? $48,650 $18,650 $34,150 $35,500