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question On 1 November 1992 Doug had a nice home in Sydney and so he acquired a second hand lounge room set of furniture for

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On 1 November 1992 Doug had a nice home in Sydney and so he acquired a second hand lounge room set of furniture for $11,000 He sold the lounge room set in September 2020 for $16,000. Required: Calculate the indexed cost base for Capital Gains Tax purposes rounded to the nearest dollar

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