Michelle Bunchen likes to gamble. On 85 trips to Mohegan Sun and 32 trips to Foxwoods, she won $5.2001 But she lost $121,212 too. The win amounts and loss amounts are from different days and unrelated bets-they cdo not reflect basis in wagers. (She is not a professional gambler, gambling is not her business). Assuming she has $40,000 of other itemized deductions, how much can she deduct as an itemized deduction for gambling losses?

A) 121,212

B) 5,200

C) 25,000

D) 0