In 2011,Juan's home was burglarized.Juan had the following items stolen:
Juan's homeowner's policy had a $50,000 deductible clause for thefts.If Juan's salary for the year is $50,000,determine the amount of his itemized deductions as a result of the theft.
A) $3,100.
B) $6,000.
C) $26,100.
D) $26,500.
E) None of the above.
Correct Answer:
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