Kyle has made the following statement about bankruptcy. Which one is correct?

		A. The administrative cost of a bankruptcy is classified as indirect bankruptcy cost.
		B. Bankruptcy costs may increase the tax-related gains from leverage.
		C. A company would consider bankrupt when it becomes delinquent on a loan payment
		D. The higher cost of capital the company pays in order to avoid extreme debt is considered a direct cost of bankruptcy.
		E. None of the all.