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Question 25 1 points During the year ended 30 June 2020, Jenny decided to divest herself of some assets to help fund the purchase of

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Question 25 1 points During the year ended 30 June 2020, Jenny decided to divest herself of some assets to help fund the purchase of a new home. On 15 January 2020 she sold her residential investment property for $270,000. This had been purchased by her on 1 July 2011 for $180,000 and was rented for the whole period. In addition to this on 20 April 2020 she sold an antique cabinet for $15.poo that she had purchased on 1 May 2014 for $18,000. On 24 June 2020 she sold shares for $22.000 that had been purchased on 2 March 2002 for $7,000. The costs associated with the purchase and sale of the investment property we as follows: Stamp duty on purchase Legal fees on purchase Legals fees on sale Commission on sale $4,800 $1,300 $1,500 $9.500 What is Jenny's net taxable capital gain for the year ended 30 June 2020? $52,500 $43,950 $48,500 548,500 $42,450

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