Select from the pop-up boxes to indicate whether the following property is a capital asset, a Sec. 1231 asset, or other property. Double-click on each blank box to see a list of answer choices and click on your selection. Each choice may be used once, more than once, or not at all.

Answer Options:

1. Capital Asset

2. Section 1231 Property

3. Other Property

4. Not Applicable

Assets	Classification
1. Personal residence purchased for $75,000 in 1996 and currently listed for sale at $150,000
2. Stock received in a stock split
3. Land owned and operated as a parking lot since 2007
4. Building acquired in 2006, subject to a mortgage securing a land sales contract, used solely as a sole proprietorships retail outlet
5. Store fixtures purchased for $19,000 this year
6. Used furniture and appliances purchased as retail store inventory
7. Accounts receivable from sale of the furniture and appliances sold at retail
8. Acquired goodwill
9. Delivery truck acquired in exchange for parcel of land in 2009, used to deliver furniture for the store since acquisition
10. Treasury stock