You are the person in charge of a vessel involved in a marine casualty. You must notify the nearest Coast Guard Marine Inspection Office if the property damage is over __________.

Correct Answer: Option C — $25,000

Per 46 CFR 4.05-1, the owner, agent, master, or person in charge must immediately notify the nearest Coast Guard Sector or Marine Inspection Office if a marine casualty results in property damage exceeding $25,000. This threshold is critical for triggering mandatory reporting requirements for serious maritime incidents.