3. A fire totally destroyed office equipment and furniture which Monica uses in her business. The equipment had an adjusted basis of $15,000 and a FMV of $10,000 before the fire. The furniture's adjusted basis was $5,000 and it the year is $60,000. Monica does not have insurance on the destroyed assets. How much is Monica's deductible casualty loss? s FMV was $2,000 before the fire. Monica's AGI for A. $5,900 B. $12,000 C. $13,900 D. $20,000