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Q1Brad Emerson, a resident taxpayer, sold the following CGT assets during the 2017/18 tax year: (I want to include the working methods please ) ASSET

Q1Brad Emerson, a resident taxpayer, sold the following CGT assets during the 2017/18 tax year:

(I want to include the working methods please )

ASSET

COST

BASE

ACQUISITION

DATE

DISPOSAL

DATE

SALE

PRICE

Shares - AAA

$48,000

19 Jan 87

20 Feb 18

$71,000

Shares - BBB

$62,000

30 May 06

17 Apr 18

$77,000

Shares - CCC

$49,000

8 Jun 10

24 Mar 18

$35,000

Required:

Calculate the minimum net capital gain for the 2017/18 tax year. Use a combination of the indexed and discount methods, where allowed. (Show your workings).

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