Jared, a fiscal year taxpayer with a September 30th year-end, owns an office building (adjusted basis of $715,000) that was destroyed by fire on September 12, xxx1. If the insurance settlement was $950,000 (received March 1, xxx2), what is the latest date that Jared can replace the office building in order to qualify for section 1033 nonrecognition of gain?

September 30, xxx2.

September 30, xxx3.

September 30, xxx4.

December 31, xxx4.

None of the above.