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Snow AXC Company has the folowing dispositions during the year Equipment with an adusted cost base of $43.000 is sold for $57 500 AXC pays

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Snow AXC Company has the folowing dispositions during the year Equipment with an adusted cost base of $43.000 is sold for $57 500 AXC pays a millaight from $3.000 to remove the equipment from its production in They sold a parcel of vacant and to proceeds of $10.000 and AXC Co has comedyolculated the adjusted cool base of the vacant and to be $20,500 WhatsAXC's taxatile capital gain or alowable capital loss for the year? Choose the correct answer O A $4.500 lowable capital loss OB, 53,500 table capital gain OC 57.000 lavable capital OD. 54.500 taxablo Open Show W AXC Company has the following dispositions during the year: Equipment with an adjusted cost use of $43.000 is sold for $57,500 AXC pays a milight firm $3,000 to remove the equipment from its production fine. They sold a parcel of vacant land for proceeds of $16.000 and AXC Co has correcty calculated the adjusted cost base of the vacant and to be $20,500 What is AXC's table capital gain or allowable capital loss for the year Choose the correct answer O A $4,500 allowable capital oss OB. $3.500 taxabie capital gain OC S7,000 taxable capital in OD 34.500 table capital gain

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