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Multiple Choice 8-19 Section 1231 Gains and Losses (LO 8.7) Which of the following that is held for more than one year is a Section

Multiple Choice 8-19 Section 1231 Gains and Losses (LO 8.7) Which of the following that is held for more than one year is a Section 1231 property? a. Inventory. O b. A machine used in a business. O c. Land held for investment purposes. Od. Accounts receivable. Oe. Paintings owned by the artist. O Search *****L ( LOLO 2

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