Consider the following statements: Vacancy and bad debt allowance is an allowance for reductions in gross potential revenue attributable to vacancies, tenant turnover, and non-payment of rent or other income. When a property owner uses debt to finance a property, the net operating income represents a return on the equity portion of the property's value. Property taxes generally represent the single largest operating expense for an income-producing property. The gross potential rent of the subject property is only estimated by the actual rents currently being paid on the subject property. Which of the above statements is/are TRUE? C only A and C only B and D only A, B, and C only