16. (2 points) You bought your house in 2001 for $400,000. Zillo currently lists its value at $475,000. A similar house would cost $550,000 to build new from the ground up today. The declared value in Section I of your HO-3 policy has stayed the same at $400,000 for the past 20 years. You replaced the roof with 40-year shingles in 2011. A large tree branch falls on your roof in a windstorm, causing $22,000 damage. How much will you be reimbursed by your insurer