For the Valuation of a Shopping Center in an Economically

For the valuation of a shopping center in an economically declining area, which would result in the lowest assessed value?

A) A comparison of other similar size shopping centers around the state and their value
B) A calculation of replacement value of the center's buildings and structures
C) A calculation based on the revenue stream per square foot
D) A calculation based on revenues if all the stores were being operated by tenants