{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-28T00:11:10-04:00", "answer_date": "2024-05-28 00:11:10", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1808780", "url": "\/study-help\/questions\/tiny-nurseries-ltd-is-a-canadian-controlled-private-corporation-operating-1808780", "question_creation_date_js": "2024-05-28T00:11:10-04:00", "question_creation_date": "May 28, 2024 12:11 AM", "meta_title": "[Solved] Tiny Nurseries Ltd. is a Canadian control | SolutionInn", "meta_description": "Answer of - Tiny Nurseries Ltd. is a Canadian controlled private corporation operating in your province. The company has a Decembe | SolutionInn", "meta_keywords": "tiny,nurseries,ltd,canadian,controlled,private,corporation,operating,province,company,december,31st", "question_title_h1": " Tiny Nurseries Ltd. is a Canadian controlled private corporation operating in your province. The company has a December 31st year-end. The following asset sales", "question_title": " Tiny Nurseries Ltd. is a Canadian controlled private corporation operating in", "question_title_for_js_snippet": "Tiny Nurseries Ltd is a Canadian controlled private corporation operating in your province The company has a December 31st year end The following asset sales occurred prior to the end of 2019 Asset 1 Land The land was purchased for $300,000 and sold in 2019 for $350,000 Asset 2 Marketable Securities The company sold its entire public portfolio in 2019 The adjusted cost base of the shares was $100,000 The market value of the shares at the time of sale in 2019 was $130,000 Selling costs on the sale were $10,000 Required A) Calculate Tiny Nurseries Ltd 's minimum taxable capital gain for 2019 ", "question_description": "\"image", "transcribed_text": "Tiny Nurseries Ltd. is a Canadian controlled private corporation operating in your province. The company has a December 31st year-end. The following asset sales occurred prior to the end of 2019. Asset 1: Land The land was purchased for $300,000 and sold in 2019 for $350,000. Asset 2: Marketable Securities The company sold its entire public portfolio in 2019. The adjusted cost base of the shares was $100,000. The market value of the shares at the time of sale in 2019 was $130,000. Selling costs on the sale were $10,000. Required: A) Calculate Tiny Nurseries Ltd.'s minimum taxable capital gain for 2019.", "related_book": { "title": "Managerial Accounting Tools for business decision making", "isbn": "470506954, 471345881, 978-0470506950, 9780471345886, 978-0470477144", "edition": "5th edition", "authors": "Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/144.jpg", "uri": "\/textbooks\/managerial-accounting-tools-for-business-decision-making-5th-edition-144", "see_more_uri": "" }, "free_related_book": { "isbn": "0340859555", "uri": "\/textbooks\/html-publishing-on-the-world-wide-web-3rd-edition-978-0340859551-180812", "name": "Html Publishing On The World Wide Web", "edition": "3rd Edition" }, "question_posted": "2024-05-28 00:11:10", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/which-of-the-following-represents-the-greatest-risk-created-by-351465", "description": "Which of the following represents the GREATEST risk created by a reciprocal agreement for disaster recovery made between two companies? A. 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