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Bartles Expeditions operates tour boats in a tourist area. A storm damages three of Bartles boats. Figures below describe the condition of the boats after

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Bartles Expeditions operates tour boats in a tourist area. A storm damages three of Bartles boats. Figures below describe the condition of the boats after the storm. Fair Market Fair Market Boat Adjusted Basis Value Before Value After Boat 1 $60,000 $40,000 $50,000 Boat 2. $70,000 $0 $60,000 Boat 3 $50,000 $45,000 $40,000 What is the total amount of Bartles business casualty loss? Insurance Reimbursement $20,000 $55,000 $3,000 DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR

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