CoursHeroTranscribedText: On 1 January 2000, Russell Shrewd purchased 200 shares in ABC Lid for $1,400 and 300 shares in XYZ Ltd for $2,600, intending to hold them as an investment. On 15 August 2018, he sold the shares in ABC Lid for $700. As at 30 June 2019, the shares in XYZ Ltd had risen in value to $3,000. Russell's only other income in the year ended 30 June 2019 was a salary of $58,000. On 20 December 2019, Russell sold the shares in XYZ Lid for $3,600. His only other income in the year ended 30 June 2020 was a salary of $72,000. What is Russell's taxable income for each of the years ended 30 June 2019 and 30 June 2020