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| Frank Lyon was held up and robbed of $800 cash in June 2012. One month later, Frank had $2,000 cash stolen from him by his housekeeper. Frank’s adjusted gross income for 2012 was $10,000. How much was deductible by Frank for theft losses in 2012? A. $ 900 B. $1,800 C. $1,700 D. $1,600 |