BEAREA FOOTBALL $,$ A RESIDENT IF THE REPUBLIC OWNS A FOOTBALL TEAM, RECENTLY SOLD TWO PLAYERS $.$aCE BALL WAS SOLD FOR $5000000$ AND FOOT KING WAS SOLD FOR $25000,$ aCE BALL STARTED PLAYING FOR BEAREA FOOTBALL $8$ YEARS AGO UNDER $12$ TEAM AFTER SIGNING A LIFE SERVICE CONTRACT AND BEEN TRAINED BY BERAEA TRANERS UNTIL HE WAS CONSIDERED TO BE THE NUMBER $1$ STRIKER $.$KING FOOT HAD BEEN SNAPPED BY BEREA AT A BARGIN PRICE FROM HAS BEEN FOOTBALL FOR $3000,$ IYS BOARD RELEAISED HE WOULD NOT SUIT THIS STYLE OF PLAY AND WAS SOLD FOR QUICK PROFIT, THIS WAS SUCEED IN DOING EIGHT WEEKS AFTER PURCHASING HIM. DISCUSS WHAT AMOUNT IF ANY BEREA MUST INCLUDE IN ITS GROSS INCOME $,$ ASSUME THAT THE RECIPET AND ACCRUALS OD BEREA LIMITED ARE NOT EXEMPT FROM NORMAL TAX AND IGNORE A POSSIBLE INCLUSION IN ITS TAXABLE INCOME UNDER SECTION $26$A BEING A TAXABLE CAPTIAL GAIN