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Question 4 (6 marks) In January 2021, Coral Beech sold a number of personal assets all of which she had acquired in the past five

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Question 4 (6 marks) In January 2021, Coral Beech sold a number of personal assets all of which she had acquired in the past five years: Automobile Stamp Collection Rare manuscript Boat Painting Antique clock Cost $27,000 1,600 1,700 4,500 700 800 Proceeds of Sale $25,000 1,300 800 3,500 1,100 1,700 Required: Calculate the net taxable capital gain that Coral will have to include in her income for 2021. Indicate any amounts that may be available for carry over to other years. Be sure to explain this! Using Excel

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