"Tiny Dancer" is the name of a bronze figurine created by artist Diego Ossa. The owner recently recognized a $43,500 gain on sale of the figurine. Which of the following statements is false?
A. If Diego Ossa was the seller, the gain is ordinary.
B. If a private collector who purchased Tiny Dancer from an art gallery was the seller, the gain is capital gain.
C. If a commercial art gallery that had held Tiny Dancer in its inventory was the seller, the gain is ordinary.
D. None of the above is false.
Answer: D
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