Which of the following tax preference items are used in calculating the alternative minimum tax $($AMT$)$ for an individual?

I. Tax$-$exempt income from a State of Louisiana general obligation municipal bond

II$.$ Percentage depletion in excess of basis on a mining property

III. Tax$-$exempt interest on a private$-$activity bond issued in $2012$

IV$.$ Exclusion of gain on the sale of certain qualified small business corporation stock

a$)$

I, II$,$ III, and IV

b$)$

I, II$,$ and III

c$)$

II$,$ III, and IV

d$)$

I only