Losses resulting from which of the following occurrences constitutes a permissible deduction from a decedent’s gross estate to determine the adjusted gross estate?

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Losses resulting from which of the following occurrences constitutes a permissible deduction from a decedent’s gross estate to determine the adjusted gross estate?

l. Unreimbursed losses of estate assets due to theft.

Il. Unreimbursed losses of estate assets due to a storm.
A . l only
B . II only
C . Both l and II
D . Neither I nor II

Answer: C