Alan constructed a building for his consulting business 10 years ago at a cost of $4,200,000 and immediately purchased property insurance with a limit of $4,200,000 to cover any potential damage to the building. In the 10 years since, Alan has never thought to increase the limit of his insurance even though inflation has increased the replacement cost of the building to $6,000,000. A tornado damaged the roof of Alan's building today, and the cost to repair the damage is $50,000. Assuming Alan's insurance policy values property at its replacement cost and contains a standard 80 percent coinsurance provision, how much of the $50,000 loss will be paid by his insurance? Ignore any deductibles. (Round your answer to the nearest dollar. Do NOT include a dollar sign or comma in your answer.) You are the owner of a dry cleaning store. You accidentally cause a fire at the store that destroys the building and its contents, including all of the clothes inside the store that belonged to your customers. Which of the following losses would be considered "property" risks (to you) in this scenario? (Check all that apply.) the damage to your customers' clothes the cost of the attorney you hire to defend yourself against claims for damages from your customers the loss of income you suffer during the six months it takes to reopen your store the damage to the building