(b) A trustee may transfer to principal a reasonable amount of the net cash receipts from a principal asset that is subject to depreciation, under generally accepted accounting principles, but may not transfer any amount for depreciation:

1. (1) Of that portion of real property used or available for use by a beneficiary as a residence or of tangible personal property held or made available for the personal use or enjoyment of a beneficiary;
2. (2) During the administration of a decedent's estate; or
3. (3) Under this section if the trustee is accounting under section four hundred three, article four of this chapter for the business or activity in which the asset is used.