Open Question: Michelle purchased a Homeowners 3 policy with no special endorsements to cover her home and personal proper?

Michelle purchased a Homeowners 3 policy with no special endorsements to cover her home and personal property. A fire occurred and destroyed a wide screen television. Heather paid $4000 for the TV new, and it was 25 percent depreciated when the fire occurred. The replacement cost of a similar television is $5000. Ignoring any deductible, how much will Michelle collect for the loss?