Question 21 On 10 July CY, John sold some shares for $10,000 that he had acquired for $4,500 on 3 May PY. He paid brokerage on both the sale and acquisition of these shares which was equal to 5% the sales and acquisition price. Based on the above facts and relevant tax laws, how would the sale of these shares be treated for tax purposes? (Select the best answer) A.A capital gain of $5,500 would recognised in line with CGT event A1 B.A capital gain of $2,638 would be recognised in line with CGT event A1 and following application of the 50% general discount C.A capital gain of $2,750 would be recognised in line with CGT event A1 and following application of the 50% general discount D. A capital gain of $5,275 would be recognised in line with CGT event A1