A worthless security had a holding period of six months when it became worthless on Dec 10,2018.The investor who had owned the security had a basis of $20000 for it.which of the following statements is correct

Which of the following gains does not result solely in an ordinary gain or loss? Select one: a. Sale of business equipment held for less than a year O b. Sale of inventory O C. Sale of business equipment held for more than a year where the gain realized exceeds the accumulated depreciation d. Sale of business equipment held for more than a year where the accumulated depreciation exceeds the gain realized