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Molly is an Australian resident for tax purposes. In April 2019, Molly sells 1000 shares in BHP for $39 per share. She had bought these
Molly is an Australian resident for tax purposes. In April 2019, Molly sells 1000 shares in BHP for $39 per share. She had bought these in January 2016 for $15 per share. In March 2019, she had also sold 1000 shares in A2 Milk for $13.50. She had bought these in October 2018 for $8.40 per share. On 29 June 2018, Molly had sold 3000 Telstra shares at a price of $2.60 per share. She had bought these in November 2016 for $5.00 per share. What is Molly's net capital gain in 2018/2019? Choose the correct answer: (a) $10,950 (b) $7,350 (c) $9,900 (d) $13,500
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