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9 5 points Mr. Lowry had business income of $12,000 when he disposed of his rental property. Compute his federal tax should the CRA treat

image text in transcribed 9 5 points Mr. Lowry had business income of $12,000 when he disposed of his rental property. Compute his federal tax should the CRA treat the gain as business income. (Assuming a combined federal tax rate of 26%)

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