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.

$\backslash$table$[[,,,$Insurance,$],[$Item$,$Adjusted Basis FMV before Damage FMV$,$after Damage,Proceeds,$],[$Building$,$$$106,500,$$$136,800,$$$,76,200],[$Equipment$,79,600,57,500,0,19,600],[$Barn$,104,600,163,400,104,600,42,500]]$

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 $$61,500$ of taxable income last year. Their taxable income for the current year is $$199,500,$ 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?

$\backslash$table$[[$a$-1.$ Loss amount,$],[$a$-2.$ Last year,$],[$a$-2.$ Current year,$]]$