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QUESTION 2 Eric and Samantha, joint filers, had AGI of $90,000 and will itemize for 2018. During 2018, they endured the following unfortunate events: On

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QUESTION 2 Eric and Samantha, joint filers, had AGI of $90,000 and will itemize for 2018. During 2018, they endured the following unfortunate events: On January 3, 2018, Samantha's discovered her antique brooch had been stolen. She paid $6,000 for the brooch, and it was not covered by insurance. As a result of a short in their electrical grid, they lost their home to fire on April 4, 2018. They had replacement-value insurance on their home. They paid $285,000 for the home, and received insurance proceeds of $290,000. They completely lost a car in a flood that was a federally declared disaster on 9/19/2018. According to Kelly Blue Book, the value of the car before the disaster was $24,000. They originally paid $35,000 for the car and received $15,000 from the insurance company. In the same flood, they completely lost an ATV. They paid $32,000 for the ATV, and it had a replacement cost of $37,000. They had owned the ATV for 3 years, and they received $20,000 from the insurance company. What is their casualty loss deduction for 2018? $6,600 $6,500 $5,700 $5,800

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