Derrick owns a farm in eastern North Carolina. A hurricane hit the area (a national disaster area was declared) and destroyed a farm building and some farm equipment and damaged o born. Due to the extensive damage throughout the area, the president of the United States deciared all areas affected by the humicane as a disaster areo. Derrick, who fles o joint return with his wite. had $71,400 of taxable income last year. Their taxable income for the current year is $229.200, excluding the loss from the hurricane. Required: a-1. Calculate the omount of the loss deductible by Derrick and his wife. a.2. What amount of loss should be adjusted against current and last year