Mandy sells the following assets during the current year. Which of the following is 1231 asset?

a.Manufacturing machinery purchased this year

b. shares of stock in different corporation purchased three years ago because it was a good investment

c. land purchased three years ago that is held as an investment

d. inventory purchased 14 months ago and is ready to be shipped to a customer

e. office equipment that has been used in the business for the past two years