During 2013, someone broke into Jacob's personal residence and took the following items:

Jacob is an employee and used the computer 100% of the time in his employment. Although his homeowner's insurance policy paid Jacob $7,000 for the stolen computer, Jacob's employer did not reimburse Jacob for any of the remainder of his loss. Jacob's AGI for the year, before considering any of the above items, is $50,000. Determine the total deduction for the stolen items on Jacob's 2013 tax return?

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Adjusted Insurance Basis FMV before FMV after Recovery 7,000 Asset Business computer Bearer bonds Silverware Cash $12,000 30,000 7,000 8,000 25,000 20,000 8,000 18,000