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P realized the following gains and losses in the current year: Gain on sale of public company shares $24,000 Gain on sale of listed personal

P realized the following gains and losses in the current year:

  • Gain on sale of public company shares $24,000
  • Gain on sale of listed personal property 3,000
  • Gain on sale of personal-use property 4,000
  • Loss on sale of small business corporation shares (6,000)
  • Loss on sale of listed personal use property (5,000)
  • Loss on sale of personal-use property (2,000)

What is the amount of net taxable capital gains to be reported for the current year [ITA 3(b)]?

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