Question 7 (1 point) Steve Chan sold the following assets during the current year: Item Sales Price Cost Diamond Ring $1,200 $800 Gold Coin Collection $1,900 $1,100 Rare Book $800 $1,100 Vintage Car $14,500 $15,000 Which one of the following amounts represents his taxable capital gain, net of allowable capital losses, for tax purposes during the current year? a) $100 b) $150 c) $200 Od) $400 Question 8 (1 point) Saved Indicate which of the following is not listed personal property: a) An antique table. b) A stamp. c) A piece of jewelry. d) A rare manuscript. e) A piece of sculpture. Question 9 (1 point) In 2018, Mr Peter sold a class 8 (20%) asset for $60000, which was used to earn business income. The original cost of the asset was $55000. The UCC balance prior to asset sale was $35000. What would be the UCC balance at the end of 2018