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Darsh started investing 1 year ago and is not comfortable with the markets going up and down. Since the markets have made him nervous, he

Darsh started investing 1 year ago and is not comfortable with the markets going up and down. Since the markets have made him nervous, he has decided to sell the only investment that he purchased, which was in Shopify. At the time, he used his company bonus of ( $ 17,400 ) and purchased Spotify shares at $58/share on the Toronto Stock Exchange. Darsh sold all his shares on December 16, 2023, when Shopify was trading at ( $ 97.82 / ) share. Darsh wants to know the amount of taxable capital gain he must report on his 2023 tax return. Select one: a. ( $ 13,440 ) b. ( $ 5,973 ) c. ( $ 6,543 ) d. ( $ 11,946 ) e. ( $ 16,950 )
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Darsh started investing 1 year ago and is not comfortable with the markets going up and down. Since the markets have made him nervous, he has decided to sell the only investment that he purchased, which was in Shopify. At the time, he used his company bonus of $17,400 and purchased Spotify shares at $58/ share on the Toronto Stock Exchange. Darsh sold all his shares on December 16, 2023, when Shopify was trading at $97.82/ share. Darsh wants to know the amount of taxable capital gain he must report on his 2023 tax return. Select one: a. $13,440 b. $5,973 c. $6,543 d. $11,946 e. $16,950

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