17-26 Characterizing Assets. Indicate whether the following gains and losses are $ 1231 gains or losses or capital gains and losses or neither. Make your determination prior to the $1231 netting process. a. Printing press used in A's business; held for three years and sold at a loss. b. Goodwill sold as part of the sale of B's business. c. Vacant lot used five years as a parking lot in C's business; sold at a gain. House, 80% of which is D's home and 20% of which is used as a place of busi- ness; held 15 years and sold at a gain. e. Camera used in E's business; held for 10 months and sold at a gain. f. Land used by F for 10 years as a farm and sold at a loss. g. Personal residence sold at a loss