. Norms car, which he uses 100% for personal purposes, was completely destroyed in an accident in 2018. Norms adjusted basis in the car at the time of the accident was $13,000. Its fair market value was $10,000. The car was covered by a $2,000 deductible insurance policy. Norm did not file a claim under his insurance policy. His adjusted gross income was $14,000 (before considering the loss). What is Norms deductible loss?

a. $0

b. $100

c. $500

d. $9,500

e. None of the above is correct.