Last year Charles and Kathy Price bought a home with a dwelling replacement value of $200000 and insured it (via an HO-3 policy) for
$166000. The policy reimburses for actual cash value and has a $250 deductible standard limits for coverage C items and no scheduled property. Recently
burglars broke into the house and stole a 3-year-old television set with a current replacement value of $800 and an estimated useful life of 8 years. They also
took jewelry valued at $2800 and silver flatware valued at $4200.
Assuming a 50% coverage C limit calculate how much the Prices would receive if they filed a claim for the stolen items. Round the answer to
two decimal places.