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A Canadian private corporation incurred the following transactions in previous years: In 2 0 0 4 , a capital asset was sold that resulted in
A Canadian private corporation incurred the following transactions in previous years:
In a capital asset was sold that resulted in a capital gain of $
In a capital asset was sold that resulted in a capital loss of $
In a capital dividend of $ was paid
In life insurance proceeds of $ were received; the policy had an adjusted cost base of $
In the current year, a capital dividend of $ was received.
Determine the current balance in the capital dividend account based on the above information.
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