Stanley Operates a Restaurant as a Sole Proprietorship

Multiple Choice

Stanley operates a restaurant as a sole proprietorship. Which of the following items are capital assets in the hands of Stanley?

A) The restaurant's tables and chairs.
B) A portable sound system used to play "theme music" for the restaurant.
C) The restaurant building that is an asset of the sole proprietorship.
D) An interest-bearing savings account used to keep the restaurant's excess cash.
E) None of the above.