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Colton Gentry of Lancaster, California, has owned his home for ten years. When he purchased it for $175,000, Colton, bought a 5160,000 homeowner's Insurance policy.

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Colton Gentry of Lancaster, California, has owned his home for ten years. When he purchased it for $175,000, Colton, bought a 5160,000 homeowner's Insurance policy. Se tit own that policy, even though the replacement cost of the home's now $305,000 a. I Colton suffered a $23,000 fire loss to the home, what percentage of the loss would be covered by his policy? Round your answer to one decimal place What dollar amount of the loss would be covered by his policy? Enter the amount of the town as a positive number. Round your answer to the nearest dollar $ b. How much insurance on the home should Colton carry now to be fully reimbursed for a fire loss? Round your answer to the nearest dollar

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