For calendar year 2018, Stuart and Pamela Gibson file a joint return reflecting AGI of $350,000. Their itemized deductions are as follows:

Casualty loss in a Federally declared disaster area after

$100 floor (not covered by insurance) ............................................................................$48,600
Home mortgage interest (loan qualifies as acquisition indebtedness) ........................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.