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ast year Wayne and Kelsey Gannon bought a home with a dwelling replacement value of $250,000 and insured it (via an HO-3 policy) for $310,000. The policy reimburses for actual cash value and has a $500 deductible with standard limits for coverage C items and no scheduled property coverage. Recently, burglars broke into the house and stole a 2-year-old television set with a current replacement value of $600 and an estimated useful life of 6 years. They also took jewelry valued at $1,850 and silver flatware valued at $3,000.

If the Gannon's policy has an 80% coinsurance clause, do they have enough insurance to cover the theft?