On February 14, 2019, Greta's uninsured car was swept away in a flood caused by a federally declared major disaster. Her adjusted basis in the vehicle is $12,500. The fair market value of the vehicle at the time of the flood was $5,500. On May 27 of the same tax year, police recovered the vehicle. At that time, the fair market value of the vehicle was $1,490. What is the amount of Greta's casualty loss prior to inclusion of the loss limitation and AGI deductions?

$4,010

$4,950

$5,500

$11,010