In 2021, Wendy earned $42,000 of AGI before considering the following insured casualty losses from separate events. (Asset C was damaged in a Federal disaster area) Adjusted Fair Market Value Insurance Asset Basis Before After Recovery A business) $9,200 $8,000 $1,000 $2,000 B (personal) 3,000 4,000 0 4,000 C (personal) 3,700 2,700 0 900 a. Wendy's casualty results from these three incidents (A, B, C) are: $5,000 loss / $1,000 gain / $1,800 loss b. $7,200 loss / $1,000 gain / $1,800 loss $7,200 loss / $0 / $2,800 loss d. $5,000 loss / $0 / $1,800 loss . C. 0