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Please answer according to the table provided previously. Sharon Slotten purchased shares in ATCO Ltd. during the current year as follows: Jan. 1: 200 shares

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Please answer according to the table provided previously.

Sharon Slotten purchased shares in ATCO Ltd. during the current year as follows: Jan. 1: 200 shares for $25 per share April 2: 300 shares for $30 per share July 1: 100 shares sold for $45 per share Sept. 8: 500 shares for $24 per share On December 22, of the current year Sharon sells 200 ATCO Ltd. shares for $35 per share and pays $100 in sales commission. Required: Calculate the taxable capital gain or loss included in Sharon's NET INCOME under paragraph 3(b) of the Income Tax Act. Calculation of Capital Gain: \begin{tabular}{|c|c|} \hline 01-Jul & Dec. 22 \\ \hline \end{tabular} Proceeds of disposition Selling costs Adjusted cost base Capital Gain (loss) Capital Gains reserve Capital Gain Inclusion rate Taxable capital gain Total $

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