Larry purchased a building 10 years ago and insured it for $500,000 with a $2,000 deductible. The building's current replacement cost is $1.2 million, but Larry has not increased the insurance. A recent hailstorm caused $400,000 in damage. If the insurance policy has an 80% coinsurance provision, how much of Larry's claim will the policy pay

Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?