Question 1 Bella Neal wins a seat in Parliament and transfers to Canberra. Before moving, Bella sold the following assets: Item Vacant Land Plasma TV Painting Antique Sideboard Boat (S) Purchase Price 200,000 10,500 150 2,000 11,700 IS) Sale Price 220,000 5,500 4,500 1,600 19,900 All assets were purchased on 1 July 2000 and sold on 30 June 2013. There are no other relevant transactions affecting her taxable income for the tax year ending 30 June 2013. Required: Calculate Bella's Net Capital Gain. Question 2 Bella Neal wins a seat in Parliament and transfers to Canberra. Before moving, Bella sold the following assets: Item Home Painting Antique Sideboard Hi Fi stereo system Shares (5) Purchase Price 195,000 501 4,000 11,700 25,000 (5) Sale Price 380,000 4,500 1,600 19,900 30,000 All assets were purchased on 1 August 2012 and sold on 30 June 2013. There are no other relevant transactions affecting her taxable income for the tax year ending 30 June 2013. Required: Calculate Bella's Net Capital Gain