explain pls

3. Which of the following is true of Section 1202 qualified small business stock (QSBS)? a. The stock must be held for more than two years to receive the most favorable tax treatment. b. The gain exclusion is 100 % and is unlimited in amount. c. The corporation must be a domestic C or S corporation. d. The stockholder must have acquired the stock from the corporation for money, property, or services. I 600 4. Campos sold equipment for $200,000. The equipment was purchased for $160,000 and had accumulated depreciation of $60,000. What amount is reported as Section 1231 gain? c. $60,000 b. $40,000 d. $100,000 e. $200,000 a. $0