Mike's car has an actual cash value of $10,000. While driving to class, at GBC, Mike was involved in an accident and is 25% responsible. The car is a total loss. If Mike has optional loss coverage, with a $500 deductible, how much would he receive from his insurance company? 

a) $7,125 

b) $9,500 

c) $10,000 

d) $500 

e) $0 because he's over the 25% at-fault limit.