QUESTION THREE Mr. Levon Park makes frequent purchases of the common shares of Donner Ltd. His transactions during 2019 and 2020 are as follows: January 15, 2019 Purchase March 12, 2019 Purchase September 15, 2019 Sale February 14, 2020 Purchase October 1, 2020 Sale Shares Purchased (Sold) 700 410 (250) 925 (410) Per Share Value $22.75 25.50 26.45 28.25 30.75 Required: Determine Mr. Park's taxable capital gains (losses) for 2019 and 2020. QUESTION FOUR During the current year, Robert Langois disposes of several items. The proceeds of disposition and the adjusted cost base of the various items are as follows: Collector Car Marble Sculpture Antique Furniture Stamp Collection Adjusted Cost Base $45,000 800 21,000 50,500 Proceeds Of Disposition $61,000 13,000 12,000 26,000 Required: What is the net tax consequence of these dispositions