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2. Samantha owns a flower shop. She suffered damage to some personal property. The replacement cost of the business personal property lost was $2,000 but

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2. Samantha owns a flower shop. She suffered damage to some personal property. The replacement cost of the business personal property lost was $2,000 but the Declaration doesn't show that she had chosen replacement cost. The actual cash value of the damaged property is $1,400. At the time of the loss, her building was insured at $450,000. Both the building and business personal property have an 80% coinsurance requirement. The policy shows a deductible of $2,500 for the building and $500 for business personal property. The claims adjuster determined the true ACV of the building was $500,000 at the time of loss. There was no inflation guard on the policy. What woukd be paid for this claim

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