Gabriels home was just struck by a hurricane. He was just ready to list his property on the market with a real estate agent for $700,000 when the damage occurred. Gabriel was told that his homes replacement cost of $450,000. THe hurricane caused $300,000 worth of damage to his home. Gabriel now realizes that he did not purchase sufficient insurance coveral equal to at least 80% of the houses total replacement value. What amount of damages would the insurance company cover?

A) $256, 900

b) $284, 357

C) $240,000

D) $300,000

E) $281, 250