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Mr. Adam Lamb sold the following assets this year, all of which were purchased within the last 10 years: Cost Proceeds Oil painting 2500 500
Mr. Adam Lamb sold the following assets this year, all of which were purchased within the last 10 years: Cost Proceeds Oil painting 2500 500 Canoe 700 500 Rare coin 1300 500 Bible produced in 1635 800 5000 Antique car 15000 10000 Antique chair 300 1200 Antique table 1500 2000 Mr. Adam lamb has unclaimed capital loss on listed personal property of $1200 arising 3 years ago. Mr. Lamb would like you to calculate his net taxable capital gain this year. Consider as PUP and LPP
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