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answer the accounting question with explanation plz Mike sold the following assets in the current year: Which one of the following amounts represents his capital

answer the accounting question with explanation plz
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Mike sold the following assets in the current year: Which one of the following amounts represents his capital gain, net of capital losses, for tax purposes in the current year? a. $1,500 b. $650 c. $1,300 d. $1,250

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