Bertie sold the following assets during the year. Item Purchase Date Purchase Price Sale Date Sale Price House 7.6.94 75,000 31.1.21 102,000 Shares #1 2.7.97 36,000 28.9.20 25,000 Office Building 10.11.94 110,000 13.2.21 170,000 Land 1.10.80 100,000 15.1.21 250,000 Shares #2 10.5.93 8,000 15.1.21 4,000 FURTHER INFORMATION The house was used as Bertie's principal residence. The Reduced Cost Base for Shares #1 = $23,000 The office building write-offs claimed as deductions were $30000. The Reduced Cost Base for Shares #2 = $6000 Rates and land tax paid on the land during its ownership amounted to $9800. The land was purchased with the intention of building a holiday house. Complete the table below to calculate Bertie's net capital gain/loss for the current year. State Just write the figures without any commas to work out the AMOUNT OF GAIN OR (LOSS), e.g. 12000 for GAIN or (12000) for LOSS. Write 0 if no amount should be included as GAIN or LOSS. ITEM PURCHASE DATE SALE PRICE COST PRICE AMOUNT OF GAIN OR (LOSS) House 7.6.94 102,000 75,000 Shares # 1 2.7.97 25,000 36,000 Office Building 10.11.94 170,000 110,000 Land 1.10.80 250,000 100,000 Shares # 2 10.5.93 4,000 8,000 Total Less 50% discount Net Gain to be included in Bertie's assessable income