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Over the last five years, Mary Blaise has bought and sold the shares of two companies, Sadean Lid. and Dorcan Inc. Both companies are publicly
Over the last five years, Mary Blaise has bought and sold the shares of two companies, Sadean Lid. and Dorcan Inc. Both companies are publicly traded and pay eligible dividends on an irregular basis. Transactions involving Sadean Ltd. shares over this period are as follows: January, 2016 Purchase 1,250 @ $24 November, 2018 Purchase 860 @ 29 June, 2020 Sale 1,750 @ 31 Transactions involving Dorcan Inc. shares over this period are as follows: March, 2016 Purchase 960 @ $7.50 September 2017 Purchase 1,230 @ 8.75 February, 2018 Purchase 620 @ 9.2 July, 2018 Sale -980 @ 10.15 March, 2019 Purchase 375 @ 11.23 April, 2020 Sale 625 @ 8.1 Required: A. Determine the taxable capital gain resulting from the June, 2020 disposition of the Sadean Lid. shares. B. With respect to the transactions involving Dorcan Inc., determine the following: . The adjusted cost base of the shares that are still on hand on December 31, 2020. . The taxable capital gain or allowable capital loss resulting from the 2018 disposition. . The taxable capital gain or allowable capital loss resulting from the 2020 disposition
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