Jerry Carter's home is currently valued, on a replacement cost basis, at $315,000. When he last checked his policy, his home was insured for $235,000, and he did not have an inflation guard endorsement. If he has a $25,500 claim due to a kitchen fire, how much will his homeowner's insurance policy pay? How much will he be paid if his home is totally destroyed? In order to obtain full replacement coverage, how much insurance should Jerry carry on his house?