Elizabeth Reports the Following Items for the Current Year In Calculating Elizabeth's Net Operating Loss and with Respect to

Multiple Choice

Elizabeth reports the following items for the current year: $$\begin{array} { l r } \text { Nonbusiness capital gains } & \$ 5,000 \\\text { Nonbusiness capital losses } & ( 3,000 ) \\\text { Interest income } & 3,000 \\\text { Itemized deductions (including a } \$ 20,000 \text { casualty loss in a Federal disaster } & ( 27,000 ) \\\text { area) } &\end{array}$$ In calculating Elizabeth's net operating loss and with respect to these amounts only, what amount must be added back to taxable income (loss) ?

A) $0
B) $1,000
C) $2,000
D) $20,000
E) None of these.