Identify which of these business and farm & cattle business assests are 1. Sec 1231 property 2. Capital assets 3. Ordinary asset timber, coal, or domestic iron ore Ordinary goats held for 12 months Capital a land held for investment Capital a held for more than one year Sec 1231 items held for resale by a retailer Ordinary cattle held for 12 months Capital as sheep held for 12 months Capital as real or depreciable property Sec 1231 a machine used in the company's manufacturing operations Capilai as: and used in the business that was purchased two years ago Capital ass used in trade on business Ordinary as an investment in corporate stock Ordinary as hoge ned months Capital asse