A client recently purchased a new home from a builder for $150,000, including the lot valued at

Question:

A client recently purchased a new home from a builder for $150,000, including the lot valued at $40,000. How much insurance would you recommend that your client purchase to cover full replacement of the house in the event of a loss?
a. $88,000
b. $110,000
c. $120,000
d. $150,000