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66 Sabrina sold her farm-a qualified farm and fishing property under the Income Tax Act--for proceeds of $950,000; the adjusted cost base of the property

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66 Sabrina sold her farm-a qualified farm and fishing property under the Income Tax Act--for proceeds of $950,000; the adjusted cost base of the property is $150,000. Sabrina has not previously disposed of qualified capital property in any form. What is the MINIMUM amount on which Sabrina must pay tax as a result of the disposition of her farm? a) $400,000 b) $800,000 c) $0 b d) $950,000

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