The following items do not fall within the tax definition of a capital asset except:A$.$ Accounts or notes receivable.B$.$ Supplies of a type regularly used or consumed in the ordinary course of a trade or business.C$.$ Inventory or other property held for sale to customers in the ordinary course of a trade or business.D$.$ Stock of a publicly held company.Oscar sold his IBM stock, a publicly traded company for a gain of $$1,000.$ He acquired the stock on April $1,2023$ and sold it on April $1,2024.$A$.$ Oscar has a $$1,000$ is a short$-$term capital gain.B$.$ Oscar has a $$1,000$ is long$-$term capital gain.C$.$ Oscar does not have a $$1,000$ long$-$term or a short$-$term capital gain.D$.$ Oscar has a $$1,000$ ordinary gain and not a capital gain.Rita inherits a home from her mother in August $10,2023.$ Her mother paid $00,000$ for it back in $1986.$ The house had a $$600,000$ Fair Market Value on the date of mother's death. Rita sold the house on March $2,2024$ for $$700,000.$A$.$ Rita would have a $$100,000$ Long Term Capital Gain.B$.$ Rita would have a $$100,000$ Short Term Capital Gain.C$.$ Rita would have a $$300,000$ Long Term Capital Gain.D$.$ Rita would have a $$300,000$ Short Term Capital Gain.