How much would a homeowner receive with actual cash-value coverage and replacement cost coverage for a 3-year-old sofa destroyed by a fire? The sofa would cost $810 to replace today,whereas it cost $628 3 years ago, and it has an estimated life of 6 years.With actual cash-value coverage, the amount the owner would receive for the sofa would be $410. (Round to the nearest dollar.)

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How much would a homeowner receive with actual cash-value coverage and replacement cost coverage for a 3-year-old sofa destroyed by a fire? The sofa would cost $810 to replace toda whereas it cost $628 3 years ago, and it has an estimated life of 6 years. With actual cash-value coverage, the amount the owner would receive for the sofa would be $410. (Round to the nearest dollar.)