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estion 5 On 26 August 1985, Mary purchased a property as her home for $35,000. One year later, 26 August 1986, she purchased another property

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estion 5 On 26 August 1985, Mary purchased a property as her home for $35,000. One year later, 26 August 1986, she purchased another property on the same street as a rental property for $53385. Mary sold both properties to a property developer on 31 December 2021 for $1,200,000 each. Required: Calculate the Net Capital Gain, if any, to be included in Mary's 2022 assessable income

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