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Part b: Mark Enterprises Plc sold a factory for 300,000 on 20 November 2018, The factory originally cost 120,000 when purchased on 15 January 2010.

Part b: Mark Enterprises Plc sold a factory for 300,000 on 20 November 2018, The factory originally cost 120,000 when purchased on 15 January 2010. Mark Enterprises Plc has an accounting year end of 31 January Calculate the chargeable gain arising on the disposal in the year ended 31 January 2019

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