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Emily Spring sold the following items prior to moving to Europe. Asset Original Cost Proceeds of Disposition Sportscar $ 24,000.00 $ 10,000.00 Antique cabinet $
Emily Spring sold the following items prior to moving to Europe. Asset Original Cost Proceeds of Disposition Sportscar $ 24,000.00 $ 10,000.00 Antique cabinet $ 1,000.00 $ 2,000.00 A rare coin $ 100.00 $ 1,100.00 Shares in a public corporation $ 4,000.00 $ 3,000.00 Canoe $ 500.00 $ 600.00 Limited edition painting $ 800.00 $ 2,500.00 Sculpture $ 1,100.00 $ 900.00 Required: Determine the total taxable income from Emily's sales, identifying the appropriate categories of capital property.
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