Which of the following is a misappropriation of assets?

Multiple Choice

Classifying inventory held for resale as supplies.

Investing cash and earning at a $3$ percent rate of return as opposed to paying off a loan with an interest rate of $7$ percent.

Management estimates bad debt expense as $2$ percent of sales when it actually expects bad debts equal to $10$ percent of sales.

An employee of a consumer electronics store steals $12$ CD players.