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not all these were coorect please help Problem B - Five Points. Identify these business assets as $ 1231, 1245, or $ 1250 property by

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image text in transcribednot all these were coorect please help
Problem B - Five Points. Identify these business assets as $ 1231, 1245, or $ 1250 property by indicating Yes or No. The first one is completed as an example, Section 1231? Section 1245? Section 1250? Asset Vehicles Accounts Receivable Inventory Manufacturing Equipment Office Furniture Office Building Land Acquired Patent Yes Section 1250 No NO NO arv Solution: Asset Vehicle Account receivables Inventory Manufacturing Equipment Office Furniture Office Building Land Acquired Patent Section 1231 Section 1245 Yes NO NO NO NO Yes Yes Yes Yes No Yes No No Yes Yes Yes Yes No Yes Yes

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