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ohn, an Australian Resident, sold the following assets: Item Purchase Price Sale Price Motor Bike 1 5 , 0 0 0 8 6 ,

ohn, an Australian Resident, sold the following assets:

Item Purchase Price Sale Price

Motor Bike 15,000 86,000

Valuable Painting 190,000 312,000

Dinner Table 26,000 14,000

Lounge furniture 8,000 11,000

Antique Statue 31,000 21,000

Rental Apartment 590,000 660,000

All assets were purchased on 1 October 2017 and sold on 30 June 2019. 

Required:

Calculate the total amount to be included in John's assessable income, if any, from these CGT events?


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