In Transferring a Business to a Corporation, Accounts Receivable Can

In transferring a business to a corporation, accounts receivable can be transferred using either ITA 22 or ITA 85(1) , but not both.One advantage of using ITA 22 is:

A) The vendor will be able to deduct a capital loss.
B) The acquiring corporation will be able to deduct a bad debts reserve after the transfer.
C) The vendor will not have to add back to income any previously deducted reserve.
D) The vendor will have a loss that may be considered superficial.