A Silo Held More Than One Year and Used in a Business

A silo held more than one year and used in a business is destroyed in an earthquake.The silo originally cost $356,000 and was fully depreciated using straight-line depreciation.The silo was insured for its $543,000 replacement cost minus a deductible of $1,000.Which of the statements below is correct concerning these facts?

A) The silo was a long-term personal use asset.
B) There is a casualty loss from disposition of the silo.
C) The recognized gain from disposition of the silo is $186,000.
D) The recognized gain from disposition of the silo is subject to special netting rules.
E) c. and d.