For calendar year 2016, Stuart and Pamela Gibson file a joint return reflecting AGI of $350,000. Their itemized deductions are as follows:

Casualty loss after $100 floor (not covered by insurance)...................... $48,600

Home mortgage interest ...............................................................................19,000

Credit card interest .............................................................................................800

Property taxes on home ...............................................................................16,300

Charitable contributions ...............................................................................28,700

State income tax .............................................................................................18,000

Tax return preparation fees ...........................................................................1,200

Calculate the amount of itemized deductions the Gibsons may claim for the year.