QUESTION 3 Which of the following transactions will generate ordinary income/loss treatment if it were the only gain or loss for the year? Select as many as apply. Gain on sale of inventory held 2 years Loss on sale of machinery held 2 years Gain on sale of computer held 9 months Gain on sale of land held for 6 years Gain on sale of building held 15 years Loss on sale of building for 10 years Loss on sale of land held 11 months