Makasuki is involved in a multi-level cosmetic activity which was held to be a not-for-profit business by the irs. while she is allowed deductions for depreciation, insurance, and other expenses associated with her organization, these would be allowed only to the extent that:

A. adjusted gross income exceeds tax credits.

B. gross income exceeds said deductions. 

C. investment income exceeds investment expenses.

D. net distributable income matches these expenses