In April of the Current Year, Speedy Printing Company's Delivery

In April of the current year, Speedy Printing Company's delivery van is stolen. The van was originally purchased in 2011 for $13,000, and its fair market value at the time of the theft is $4,000. The van has a zero adjusted basis on the books of Speedy. The previous year, Speedy dropped theft insurance on the van, so it receives no compensation for the loss from its insurance company. What amount of loss can Speedy deduct?

A) $- 0 -
B) $ 4,000
C) $10,900
D) $12,900
E) $13,000