The Owner of a House Worth $180,000 Purchases an Insurance

The owner of a house worth $180,000 purchases an insurance policy at the beginning of the year for a price of $1,000.The deductible on the policy is $5,000.If after 6 months the homeowner experiences a casualty loss valued at $45,000,what is the homeowner's net gain/loss? Assume an opportunity cost of capital of 4.0% annually.

A) $0
B) $1,000
C) $5,000
D) $6,020