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Question 2 (6 marks) Mr. Speculator has provided the following information regarding his share transactions in Taxevasion Limited: 2015 purchased 4,000 shares @ $ 6.00

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Question 2 (6 marks) Mr. Speculator has provided the following information regarding his share transactions in Taxevasion Limited: 2015 purchased 4,000 shares @ $ 6.00 each 2016 purchased 2,000 shares @ $ 7.50 each 2017 purchased 3,000 shares @ $ 9.00 each 2018 sold (7.000) shares @ $11.00 each 2019 purchased 1,000 shares @ $ 5.00 each 2020 sold (2,500) shares @ $ 7.00 each Required: Calculate the TAXABLE capital gain or ALLOWABLE capital loss for 2020

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