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Advise a taxpayer, Andrew Salmon, a minimum net capital gain. In May 1 9 9 9 , Andrew bought 1 , 2 0 0 units

Advise a taxpayer, Andrew Salmon, a minimum net capital gain. In May 1999, Andrew bought 1,200 units in Share Trust for $1,275 including brokerage. He sold the units in current tax year for $1,595. Required Calculate a minimum net capital gain.

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