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SupposesomeoneinAquiloniabought aparcelof landfor$20000in 1960 whenthepriceindexequalled100.In2002,theperson soldthelandfor $100000,andthepriceindexequalled600.Iftheperson mustpay20 percentofanycapitalgainintaxes,whichof the followingis theafter-tax realcapitalgain(in2002dollars) on theland?

SupposesomeoneinAquiloniabought aparcelof landfor$20000in 1960

whenthepriceindexequalled100.In2002,theperson soldthelandfor

$100000,andthepriceindexequalled600.Iftheperson mustpay20

percentofanycapitalgainintaxes,whichof the followingis theafter-tax

realcapitalgain(in2002dollars) on theland?

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