Di owns a pizza restaurant. She converted her home, which she had purchased for $75,000 for use in the business when it was worth $70,000. Which of the following is NOT true of the home's basis for the business?

A) $75,000 is used for determining depreciation

B) $70,000 is used for determining loss

C) $75,000 is used for determining gain

D) The basis must be adjusted for depreciation allowed or allowable for determining either gain or loss.

E) None od the above