also amount of deductibe casaulty loss is?

2 points Saved QUESTION 47 For the following independent situation for an individual taxpayer. Item Use (Personal or Business) Basis FMV before the casualty FMV after the casualty Adjusted gross income (before any allowable casualty loss) Insurance proceeds Business $25,000 $17,000 None $50,000 $10,000 47. The starting point for the calculation of the loss deduction is: oaa $17,000 Ob b. 50 C. $25,000 od d. None of the above