Depreciation Is Not Deducted

Depreciation is not deducted:

A) When assets are valued for loss purposes on a replacement-cost basis
B) When assets are valued for loss purposes on either an actual cash value at the time of the loss or on a replacement-cost basis
C) When assets are valued for loss purposes on an actual cash value at the time of the loss basis
D) Depreciation is always deducted
E) None of the above