Lizzy Richardson's home in New York City was recently gutted in a fire. Her living and dining rooms were completely destroyed, and the damaged personal property replacement had a value of $35,000. The average age of the damaged personal property was 5 years, and its useful life was estimated to be about 15 years. What is the maximum amount the insurance company would pay Lizzy, assuming that it reimburses loses on an actual cash-value basis?