Splashy Fish Store Allows Qualified Customers to Purchase Items on Credit.During

Splashy Fish Store allows qualified customers to purchase items on credit.During 2013,Lisa,the owner of the store,determines that $3,500 of accounts receivable are not collectible.Which of the following statements is true with respect to Lisa's deduction for the uncollectible accounts receivable?

A) Lisa is not allowed a deduction for the uncollectible accounts if she has not previously included the income arising from the accounts in taxable income.
B) Any deduction for the uncollectible accounts receivable will be treated as a short-term capital loss.
C) Only $3,000 of the uncollectible accounts receivable may be deducted in the current year.
D) All of the above statements are true.
E) Two of the above statements are true.