These are my quesitons. Please answer ASAP> Thanks a lot!

Michael lives on an island and owns a beach house worth $400,000. Of that, $200,000 is the cost of land and $200,000 is the cost of the structure. The probability that a hurricane destroys his house is 3 percent (he will still own the land). Enter your answers as numbers (no $, no commas: ex. 50000) Q1.1 1 Point If Michael does not purchase insurance, what is his consumption if a hurricane destroys his house? Enter your answer as a number (no $, no commas: ex. 50000) Enter your answer here Q1.2 1 Point Michael purchases $200,000 of insurance coverage. His consumption if a hurricane destroys his house is $392,000. What is the price of insurance per $100 of coverage? Enter your answer as a number (no $, no commas: ex. 50000) Enter your answer hereQ1.3 1 Point Michael purchases $100,000 of insurance Coverage. What is his consumption if a hurricane destroys his house? Assume the price of insurance is $2 for each $100 of coverage. Enter your answer here Q1.4 1 Point Again, assume the price of insurance is $2 for each $100 of coverage. What is the slope of Michael's budget constraint, with consumption in case of no hurricane on the y-axis and consumption in case of hurricane on the x-axis, if he purchases $100,000 of insurance? Round your answer to 2 decimal places (Example: 0.10). Enter your answer here