April had an adjusted gross income of $50,000 last year. During the year, a flood damaged her home in a federally declared disaster area. Since she didn't live in a flood plain, she did not have flood insurance on her home. She sustained damage to her house and furnishings in the amount of $8,500. In a separate event, she discovered that a pair of gold earrings were stolen when she was on a business trip. The earrings were valued at $600. 

What is the total amount of April's deductible loss after all limitations have been applied?

Answer rating: 100% (QA)

To calculate Aprils total deductible loss after all limitations have been applied we need to conside... View the full answer