Question 7 Not yet answered Marked out of 1.00 \\" Flag question Question 8 Not yet answered Marked out of 1.00 V Flag question Answer questions 7 and 8 based on the following information. Edwin, age 28, is a clerk who earns $30,000 per month. He has a disability-income insurance policy that will pay $23,000 per month up to age 65 for accidents and sickness after a 3month elimination period. A residual disability benefit is included in the policy. In the insurance policy, total disability means his inability to perform the material and substantial duties of his regular occupation. Edwin is severely injured in a car accident and is unable to work for one year. How much disability benefit should the insurer pay for the one-year period? Select one: O a. $207,000 0 b. $276,000 0 c. $270,000 0 d. $360,000 0 e. None of the above After one-year, Edwin returns to work but can only work as a part-time clerk. If he earns $12,000 monthly, how much can he collect from his insurance policy each month? Select one: 0 a. $9,200 0 b. $11,000 0 c. $12,000 0 d. $13,800 0 e. $23,000