20. John had adjusted gross income of $60,000 in 2018. During the year his perso a fire. Pertinent data with respect to the home follows: nal use summer home was damaged by Cost basis Value before the fire $260,000 400,000 100,000 Value after the fire 270,000 Insurance recovery John had an accident with his personal use car. As a result of the accident, John was cited with reckless driving and willful negligence. Pertinent data with respect to the car follows: $80,000 Cost basis 56,000 Value before the accident 20,000 Value after the accident 18,000 Insurance recovery What is John's itemized casualty loss deduction? b.$2,000 c. $17,000 d. $18,000 e. None of the above