Bertie sold the following assets during the year.

Item Purchase Date Purchase Price Sale Date Sale Price

House$7\mathrm{.}6\mathrm{.}9475,00031\mathrm{.}1\mathrm{.}24102,000$

Shares #$12\mathrm{.}7\mathrm{.}9736,00028\mathrm{.}9\mathrm{.}2325,000$

Office Building $10\mathrm{.}11\mathrm{.}94110,00013\mathrm{.}2\mathrm{.}24170,000$

Land $1\mathrm{.}10\mathrm{.}80100,00015\mathrm{.}1\mathrm{.}24250,000$

Shares #$210\mathrm{.}5\mathrm{.}938,00015\mathrm{.}1\mathrm{.}244,000$

$$

FURTHER INFORMATION

The house was used as Bertie's principal residence until $31$ December $2000$ when it was rented out as Bertie was transferred overseas

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 $7\mathrm{.}6\mathrm{.}94102,00075,000$

Shares # $12\mathrm{.}7\mathrm{.}9725,00036,000$

Office Building $10\mathrm{.}11\mathrm{.}94170,000110,000$

Land $1\mathrm{.}10\mathrm{.}80250,000100,000$

Shares # $210\mathrm{.}5\mathrm{.}934,0008,000$

Total $$

Less $50\%$ discount $$

Net Gain to be included in Bertie$$s assessable income