Joey has an adjusted gross income of $100,000. His car was completely destroyed by a natural disaster in a Federally declared disaster area in 2023. The fair market value of his car was $50,000, and the unadjusted basis is $70,000 with the cost recovery $25,000. He received $30,000 from his insurance company. His casualty loss deduction is: Group of answer choices $15,000 $4,900 $45,000 $50,000