Reynaldo and Sonya, a married couple, had flood damage in their home due to a dam break near their home in 2019, which was declared a Federally Designated Disaster Area. The flood damage ruined the furniture that was stored in their garage. The following items were completely destroyed and not salvageable: Damaged Items Antique poster bed Pool table Flat-screen TV Original FMV Just Prior to Item Cost Damage (Basis) $9,000 $ 6,500 8,875 15,125 1,450 5,125 Required: Their homeowner's insurance policy had a $12,025 deductible for the personal property, which was deducted from their insurance reimbursement of $16,825, resulting in a net payment of $4,800. Their AGI for 2019 was $49,000. What is the amount of casualty loss that Reynaldo and Sonya can claim on their joint return for 2019? Casualty loss deduction