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 a barn.

Item	Adjusted Basis	FMV before Damage	FMV after Damage	Insurance Proceeds
Building	$ 120,300	$ 179,400	$ 0	$ 61,200
Equipment	80,200	59,300	0	19,900
Barn	117,900	191,100	117,900	52,800

Due to the extensive damage throughout the area, the president of the United States declared all areas affected by the hurricane as a disaster area. Derrick, who files a joint return with his wife, had $63,000 of taxable income last year. Their taxable income for the current year is $204,000, excluding the loss from the hurricane.

Required:

a-1. Calculate the amount of the loss deductible by Derrick and his wife. a-2. What amount of loss should be adjusted against current and last year?

1. I need to be able to fill in the dollar amounts in the below table. I've exhausted my 3 tries with no solution.

a-1	Loss amount	$ ?????
a-2.	Last year	$ ?????
	current year	$ ?????

2. My subject is accounting.