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During the year, Sheila sold two capital assets during the year that she used in her business.She sold capital asset A for proceeds of $11610
During the year, Sheila sold two capital assets during the year that she used in her business.She sold capital asset A for proceeds of $11610 and capital asset B for proceeds of $4467. Capital asset A had originally cost her $6195 whereas capital asset B had cost her $5897.
What is the amount of her net TAXABLE capital gain balance of the net income calculation for the year?
What is the amount of her net TAXABLE capital gain balance of the net income calculation for the year?
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Canadian Income Taxation Planning And Decision Making
Authors: Joan Kitunen, William Buckwold
17th Edition 2014-2015 Version
1259094332, 978-1259094330
