When is livestock considered Sec. $1231$ property?

A$.$ Livestock held by the taxpayer for draft, breeding, dairy, or sporting purposes for more than two years is considered to be Sec. $1231$ property. Cattle and horses must be held for less than $36$ months but more than $12$ months.

B$.$ Livestock held by the taxpayer for draft, breeding, dairy, or sporting purposes for more than one year is considered to be Sec. $1231$ property. Cattle and horses must be held for $24$ months or more.

C$.$ Livestock held by the taxpayer for draft, breeding, dairy, or sporting purposes for more than two years is considered to be Sec. $1231$ property. Cattle and horses must be held for $36$ months or more.

D$.$ Livestock held by the taxpayer for draft, breeding, dairy, or sporting purposes for more than one year is considered to be Sec. $1231$ property. Cattle and horses must be held for less than $24$ months but more than $12$ months.