Eddie Purchased an Autographed Kobe Bryant Basketball When He Was

Multiple Choice

Eddie purchased an autographed Kobe Bryant basketball when he was 17 years old for a total cost of $200 and then sold the basketball 4 years later for $700. Due to these transactions

A) Eddie earned a capital gain of $500.
B) Eddie earned a capital gain of $700.
C) Eddie earned a dividend of $500.
D) Eddie earned a dividend of $900.