Your TV is stolen. You bought the TV 3 years ago for $570 but because of its age, is worth only $500. Similar new TV's are selling for $1,000. Assuming that you have coverage for theft, what amount will you receive from the insurance company if reimbursement is based on replacement value? $650$500$1,000 Question 16 5 pts Your TV is stolen. You bought the TV 3 years ago for $570 but because of its age, is worth only $500. Similar new TV's are selling for $1,000. Assuming that you have coverage for theft, with a $200 deductible, what amount will you receive from the insurance company if reimbursement is based on replacement cost? $800$500$700