Item FMV after Home Adjusted Basis $350,000 60,000 FMV before $500,000 40,000 $100,000 10,000 Insurance Proceeds $280,000 20,000 Auto The area was declared a Federal disaster area. Alice files a joint return with her husband. In 2019, their return shows AGI of $300,000. What is the amount of their deductible loss in 2019? $49,800 $49,900 $50,000 $79,900 $80,000 0