30 7 pts A corporate mortgagee who is unable to collect on a mortgage note is entitled to a bad debt deduction under Code Sec. 166 and: A) is entitled to take a deduction in the year the debt becomes worthless. B) Is always entitled to an ordinary deduction that is deductible in full against ordinary income. OC) Must treat a bad debt as a capital loss subject to the limits on the deduction of capital losses. D) A and B E) A and C