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5. Listed below are assets some of which may not be considered capital asset(s): ( 8 Points) a. Inventory held for sale in the ordinary

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5. Listed below are assets some of which may not be considered capital asset(s): ( 8 Points) a. Inventory held for sale in the ordinary course of business b. Machinery used in a business C. Factory building used in a manufacturing business d. Marketable securities held for investment Required: List those items that are capital assets and those that are not. PLEASE NOTE: THE SOLUTIONS MUST NOT BE MORE THAN TWO PAGES. They have to be E-Mailed to be at sokpechl@suno.edu. This due by Monday March 30, 2020

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