21) Jared, a fiscal year taxpayer with a August 31 year-end, owns an office bun (adjusted basis of $800,000) that was destroyed by fire on December 24, 2012 insurance settlement was $950,000 (received March 1.2020). what is the lates Jared can replace the office building in order to qualify for $ 1033 nonrecognition a. December 31, 2019. b. August 31, 2020, c. December 31, 2021. d. August 31, 2022