Which of the Following Items Is Not a Capital Asset

Multiple Choice

Which of the following items is not a capital asset in the hands of the taxpayer?

A) Taxpayer has a set of wrenches he uses to work on his personal auto.
B) Taxpayer has a $6,000 wedding dress she keeps as a remembrance of her wedding.
C) Taxpayer owns city of Topeka bonds.
D) Taxpayer is an amateur golfer but has a set of championship golf clubs
E) All of the above items are capital assets.