Classify the following items as ordinary income, a gain, or
an exclusion:

a. The salary received by an employee

b. Dividends of $400 received on 100 shares of corporate
stock

c. Sale for $10,000 of an antique chair that cost $3,500

d. Rental income from an apartment building

e. Receipt of an automobile worth $20,000 as an inheritance
from Aunt Ruby’s estate