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Qualified AssessmentHelen Chambers owns and manages an apartment building. She also paints seascapes that she...

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Accounting

Qualified Assessment
Helen Chambers owns and manages an apartment building. She also paints seascapes that she exhibits and sells, and she published several volumes of art criticism for which she owns the copyrights. With the profits from the books, she acquired stock in a local art supply corporation. Which of the following assets held by Helen is a capital asset (i.e., ?not excluded by Sec. 1221)?
The stock in the art supply corporation.
Published volumes of art criticism.
The paintings.
The copyrights to the volumes of art criticism.
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10 ?
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