5. In 2018, John paid $2,000 to purchase new patio furniture from Home Depot. Similar used furniture of the same age and condition as John's patio furniture could be purchased for about $900 today. A quick check of Home Depot's website shows that the furniture now costs $3,000 to purchase new. Yesterday, John's patio furniture was destroyed in a windstorm. How much will he be able to recover from his insurer, if his policy: a) Is on a replacement cost basis? (1 mark) b) Is on an actual cash value (ACV) basis? (1 mark) c) Is on a replacement cost basis with a per occurrence deductible of $100? (2 marks)