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Fadel has the following sources of income and deductions: Net employment income 34,000, Property income 6,000, Business loss 54,000, Taxable capital gain 4,000, Allowable capital

Fadel has the following sources of income and deductions: Net employment income 34,000, Property income 6,000, Business loss 54,000, Taxable capital gain 4,000, Allowable capital loss 7,000. What is Fadels Net Income or Loss for Tax Purposes? (Show your working) *

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