Put the following expenses in order from BEST tax treatment (1) to WORST tax treatment (3). Consider general rules only (no exceptions). Answer this question from the perspective of the taxpayer.

A) (1) Hobby expenses, (2) Personal expenses, (3) Trade or business expenses.

B) (1) Hobby expenses, (2) Trade or business expenses, (3) Personal expenses.

C) (1) Trade or business expenses, (2) Hobby expenses, (3) Personal expenses.

D) (1) Trade or business expenses, (2) Personal expenses, (3) Hobby expenses.

E) (1) Personal Expenses, (2) Hobby expenses, (3) Trade or business expenses.