Charles , an Australian resident, decided to take a new job and transferred to Sydney. Before moving, Charles sold the following assets:

Item Purchase Price Sale Price

Ford Motor Car $45,000 $30,000

Hi Fi Sound System $11,000 $15,000

Rolex Watch $19,000 $3,000

Digital Camera $11,000 $10,000

Antique Vase $6,000 $29,000

Rental Property $229,000 $296,000

All assets were purchased on 1 October 2017 and sold on 30 June 2019.

Required: Calculate the total amount to be included in Charless assessable income, if any, from these CGT events?

This is taxtaion question ACC708