Match the following independent descriptions as hot (i.e., ordinary income-producing) or nonhot assets with the statements below.

- a. b. c.	Inventory with a basis of $10,000 and a fair market value of $15,000.
- a. b. c.	Marketable securities (not held as inventory).
- a. b. c.	Cash basis accounts receivable.
- a. b. c.	Installment receivables for sale of a capital asset.
- a. b. c.	Highly appreciated land held by the partnership for the purpose of subdividing and selling lots.
- a. b. c.	Inventory with a basis of $10,000 and a fair market value of $10,500.

a.	Hot assets for purposes of distributions, liquidation of a partnership interest under 736, and sale of a partnership interest.
b.	May be a hot asset for some but not all the purposes stated in (a).
c.	Not a hot asset.