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3. John Tavares invested in Pyjama Inc., a public corporation. John has provided the following information related to this investment: Oct. 1, 2012 Apr. 15,

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3. John Tavares invested in Pyjama Inc., a public corporation. John has provided the following information related to this investment: Oct. 1, 2012 Apr. 15, 2013 July 7, 2014 Aug 5, 2015 Aug. 30, 2015 Purchased 2,000 shares for $3.50/share, Purchased 1,000 shares for $5.00/share. Sold 500 shares at $2.91/share, incurred brokerage commission of $91. Purchased 2,000 shares at $4. Received a stock dividend of 10% of shares held, stock dividend increased corporation's paid-up capital by $.50/share. Two-for-one stock split. Purchased 1,000 shares at $6. Received a stock dividend of 10% of shares held; stock dividend increased corporation's paid-up capital by $1/share. Sold 10,000 shares for $7.91/share, incurred brokerage commission of $691. June 20, 2016 Nov. 8, 2017 Jan 12, 2018 Oct. 31, 2019 Required: John has asked you to calculate the taxable capital gain or allowable capital loss on the above transactions

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