I:9-51 Casualty Losses. During 2022, Pam incurred the following casualty losses:

Asset FMV Before FMV After Basis Insurance Business 1 $18,000 $ 0 $15,000 $ 4,000 Business 2 25,000 10,000 8,000 3,000 Business 3 20,000 0 18,000 19,000 Personal 1 12,000 0 20,000 2,000 Personal 2 8,000 5,000 10,000 0 Personal 3 9,000 0 6,000 8,000 All of the items were destroyed in the same casualty, which resulted from a federally declared disaster. Before considering the casualty items, Pam reports business income of

$80,000, qualified residential interest of $6,000 property taxes on her personal residence of $2,000, and charitable contributions of $4,000. Compute Pam’s taxable income for 2022. Pam is single.