Question: ( D ) Ordinary Question 6 After owning and operating a flower shop at a store front located downtown for the past 1 7 years,

(D) Ordinary
Question 6
After owning and operating a flower shop at a store front located downtown for the past 17 years, the florist retired and sold the property. How should the realty be classified?
Ordinary asset
Capital asset
Intangible asset
Section 1231 asset
( D ) Ordinary Question 6 After owning and

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