Vera has three assets she plans to sell. The first is her personal automobile that is seven years old; the second is a truck used in her business for 11 months; and the third is some land that she bought four years ago for expansion of her business. What types of assets are they: capital, Section 1231, or ordinary income?
a. Car = capital; truck = Section 1231; land = capital
b. Car = capital; truck = ordinary; land = Section 1231
c. Car = ordinary; truck = ordinary; land = capital
d. Car = ordinary; truck = Section 1231; land = capital