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Jenny is self-employed, and has a car that she used 100% for business purposes. The car was involved in an accident and completely destroyed. At

Jenny is self-employed, and has a car that she used 100% for business purposes. The car was involved in an accident and completely destroyed. At the time of the accident, the car had a fair market value of $35,000 and an adjusted basis of $50,000. She received an insurance settlement of $25,000. If Jenny's Adjusted Gross Income is $100,000, her deductible loss on the car is?

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