Home Inventory with Estimated Replacement Values - Calculate the total replacement cost for household. Total value: Newlyweds Jamle Lee and Ross have had several milestones in the past year. They are newly marrled, recently purchased thelr first home, and now have twins on the way! Jamle Lee and Ross have to serlously consider thelr Insurance needs. With a famlly, a home, and now bables on the way, they are working on developing a rlsk management plan to help them should an unexpected event arlse. Jamie Lee and Ross created a Household Inventory (see Addendum C), excluding the $2,000 dlamond wedding band set. They have elected not to get any further llability or other specialized coverage at this time. Currently, thelr home has increased in value by $12,000 since they purchased it five years ago. If something unfortunate should happen, they want to ensure that they are able to rebulld their home using the most current costs. Use this Information to complete the table below and determine the total amount of property Insurance coverage they will need. Each answer must have a value for the assignment to be complete. Enter " O " for any unused categorles. Real Property (not applicable to renters) Current replacement value of home Personal Property Estimated value of appliances, furniture, clothing, and other household items (conduct an inventory) Type of coverage for personal property Additional coverage for items with limits on standard personal coverage such as jewelry, firearms, siverware, and photographic, electronic, and computer equipment Diamond wedding band set Personal Liability Amount of additional personal liability coverage desired for possible personal injury claims