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2 (6 marks) Mr. Sandy Beech has provided the following information regarding his share transactions in Taxify Limited: 2016 purchased 4,500 shares purchased 3,500 shares

2 (6 marks) Mr. Sandy Beech has provided the following information regarding his share transactions in Taxify Limited: 2016 purchased 4,500 shares purchased 3,500 shares @ $6.25 each @ $7.50 each @ $8.75 each @ $11.00 each 2017 2018 2019 purchased 1,500 shares sold 6,500 shares 2020 purchased 1,700 shares @ $9.00 each 2021 sold 2,500 shares @ $7.00 each Required: Calculate the TAXABLE capital gain or ALLOWABLE capital loss for 2021

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