Question 25 3 pts Sarabi had a car accident in 2020 in which the car was completely destroyed At the time of the accident, the car had for market value of $45.000 and an adjusted basis of $50.000 The car was used 100% of the time for business use Insurance recovery was 70% of the value (FMVI of the car at the time of the accident i AG for the year would be $60,000 without considering the accident determine the deductible loss on the car. Question 26 4 pts In 2020. Jimmy had the following insured personal casualty losses arising from one federally declared disaster). He also had $28,000 AGI for the year before considering the casualty. What is the casualty Town amount reported on schedule A? Adi FMV FMV Insurance Asset Basis Before Alter Recovery A 8.300 8,000 1.000 2.000 3.000 4,000 1,500 3,700 16,000 900 B 0 O