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Mike sold the following personal use property during the current year: Painting Stamp collection Outboard motor Antique desk Sales Price Cost $2,500 $ 800
Mike sold the following personal use property during the current year: Painting Stamp collection Outboard motor Antique desk Sales Price Cost $2,500 $ 800 600 1,200 900 100 1,300 1,950 What is his taxable capital gain, net of allowable capital losses, for the current year? Enter your answer in the field below and round your answer to the nearest whole dollar. Do not include commas or $ in your numerical response. For example, do not enter $1,000. Enter 1000. Answer:
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