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lien makes the following purchases of shares of Essex, a public Canadian company: bullet 1/1/2001: 80 shares, $20 each bullet 1/1/2005: 180 shares, $55 each
lien makes the following purchases of shares of Essex, a public Canadian company: bullet 1/1/2001: 80 shares, $20 each bullet 1/1/2005: 180 shares, $55 each bullet 1/1/2010: 420 shares, $19.50 each The shares are capital assets to Lien. Lien sells 80 shares during the current taxation year and receives proceeds from the sale of $7 comma 000. How much is Lien's gross capital gain on the sale? Question content area bottom Part 1 Choose the correct answer. (Round to the nearest dollar.) A. $4 comma 400 B. $5 comma 400 C. $0 D. $4 comma 684 )
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