Neal, Single and Age 37, Reports the Following Items for 2019

Essay

Neal, single and age 37, reports the following items for 2019: $\begin{array}{lr}\text { Salary } & \$ 50,000 \\\text { Casualty loss on business property } & (8,000) \\\text { Casualty loss on rental property } & (5,000) \\\begin{array}{lr}\text { Federal disaster area personal casualty gains }\end{array} & 3,000 \\\begin{array}{l}\text { Federal disaster area personal casualty losses } \\\text { (after } \$ 100 \text { floor) }\end{array} & (12,000) \\\begin{array}{l}\text { Interest expense and taxes on personal } \\\text { residence }\end{array} & (11,700)\end{array}$
Determine Neal's taxable income for 2019.