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Jim makes the following purchases of shares of ABC, a public Canadian company: 1/1/2001: 90 shares, 535 each 1/1/2005: 190 shares, 560 each 1/1/2010: 410

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Jim makes the following purchases of shares of ABC, a public Canadian company: 1/1/2001: 90 shares, 535 each 1/1/2005: 190 shares, 560 each 1/1/2010: 410 shares, $18.50 each The shares are capital assets to Jim. Jim sells 90 shares during the current taxation year and receives proceeds from the sale of $8,000. How much is Jim's gross capital gain on the sale? Choose the correct answer. (Round to the nearest dollar.) O A. $5,400 O B. $0 O C. $5,113 D. $4,850

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