19. In 2018, Wally had the following insured personal casualty losses (arising from one disaster area). Wally also had $42,000 AGI for the year before considering the casualty casualty in a Federally-declared Asset Adjiusted Basis Before After Insurance Recovery $1,000 $9,200 $8,000 $2,000 3,000 4,000 4,000 3,700 900 1,700 Wally's casualty loss deduction is: a. $1,500 b. $1,600. c. $4,800. d. $58,000 e. None of the above