Select all that are true regarding capital property used in a trade or business:

Question $5$ options:

a$)$

Capital property used in a business is an expense when it purchased.

b$)$

An example of capital property would be a machine used by a business.

c$)$

An example of capital property would be inventory a business sells.

d$)$

The expense associated with capital property lowers taxable income and thus, the total tax bill for a firm.

e$)$

An example of a capital property would be a patent purchased by a business for a process it uses to make sales.

f$)$

Capital property is usually held for price appreciation.