A friend borrowed my kayak and when I wanted it back he stated it got stolen. I told him I wanted it replaced. They cost $289. I bought it last year on sale for a little less than today's prices. He stated I only paid $120 for it and that's all I will get. I am taking him to small claims court. Does he only have to pay what I paid for it or does he have to pay the replacement cost which I will have to pay to get another one?
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