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The sale of which of the following types of business property should be reported as Section 1231 property? a. Inventory held for resale. b. Machinery

The sale of which of the following types of business property should be reported as Section 1231 property? a. Inventory held for resale. b. Machinery held for 6 months. c. Cattle held for 6 months d. Land held for 18 months e. Artistic painting held for 18 months in the hands of the original creator.

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