Which of the following is an example of conversion?

-Transforming income from one taxed at an ordinary income tax rate to taxation at a more favorable rate and selling investments with losses to reduce current taxes.

-Shifting income from a higher to a lower income person.

-Transforming income from one taxed at an ordinary income tax rate to taxation at a more favorable rate.

-Shifting income from a higher to a lower income person and transforming income from one taxed at an ordinary income tax rate to taxation at a more favorable rate.

-Selling investments with losses to reduce current taxes.