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Mr. John participated in the following stock transactions: Date Description Share price Number of Shares Broker Fees Jan1,2018 Purchased $5.00 1000 100 June 5,2020 Purchased
Mr. John participated in the following stock transactions:
Date | Description | Share price | Number of Shares | Broker Fees |
Jan1,2018 | Purchased | $5.00 | 1000 | 100 |
June 5,2020 | Purchased | $5.75 | 1500 | 150 |
Aug 10,2020 | Purchased | $6.50 | 800 | 180 |
Dec 3,2021 | Purchased | $6.25 | 500 | 100 |
May10,2022 | Sold | $8.50 | 2300 | 350 |
Aug 10,2022 | Purchased | $7.50 | 200 | 75 |
Jan 15,2023 | Sold | $7.75 | 1700 | 350 |
Required: Calculate the taxable capital gain or allowable capital loss on the 2020 and 2021 transactions.
Round all answers to the nearest $0.00 (e.g. enter 9.99 for $9.985 or 100.00 for $100)
Prior to the may 10 2022 sale, the ACB per share (average ACB) was 5.92/share
The capital gain on the May 10, 2022 sale is 5593.68
Prior to the Jan 15 2023 sale, the ACB per share (average ACB) was Blank 3/share
The capital gain on the Jan 15, 2023 sale is Blank 4
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