Oxdale Kennels has insured its building with multiple companies for a total of 1,149,000, of which 976,650 is with Nationwide. Assuming that all coinsurance requirements have been met, how much would Nationwide be responsible for in the event of a 205,000 fire?
A) 205,000
B) 172,350
C) 174,250
D) 30,750
Question 2
Gus is the self-employed owner of Four Paws Pet Supply. His estimated annual earnings are 43,280.00 and he expects to pay 18 of this amount in income tax. What will be his quarterly estimated tax payment for the second quarter?
A) 7,790.40
B) 3,603.06
C) 1,655.46
D) 2,319.00
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