Tire Max has an ISO Business Income (And Extra Expense) Coverage Form. Tire Max has suffered a fire loss to its building that has caused the building and equipment to be unavailable for 90 days. Tire Max was able to rent another building and equipment to partially continue its business during this 90-day period. Without renting this location there would not have been any income during the 90 days, and $5,000 of regular monthly expenses would have continued. Tire Max's income and expense amounts for the 90 days of restoration are as follows Average prior to the fire:  Monthly income = $30.000  Monthly expenses = $25 000 For the 90 davs after the fire: Monthly income = $20,000  Monthly expenses = $15,000  Additional expenses for monthly rent = $2.000 What is the total monthly amount of business income and expense that Tire Max will collect?

Answer rating: 100% (QA)

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