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A resident individual has the following capital gains and losses for the year: 1) Discount capital gain on shares (before discount applied) $40,000 2) Capital

A resident individual has the following capital gains and losses for the year:

1) Discount capital gain on shares (before discount applied)

$40,000

2) Capital loss on jewellery

$4,000

3) Net capital loss from prior year share trades carried forward

$1,000

What is their minimum net capital gain for the year?

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