Workout Question 1 (10 points) Glenn and Mary's house was damaged by a hurricane in 2022 (in a federally declared disaster area). Glenn and Mary had a $100,000 basis in the house. The fair value of their home before the hurricane was $250,000. After the hurricane, the fair value of their home was $225,000. They received $10,000 from their homeowner's insurance policy. What is their casualty loss deduction for 2022 if their adjusted gross income was $40,000 ? (assume they elect to take the loss in 2022)