WEEK 4 (Tutorial 3) Question 1 On 1 March 2022, Mr Smith, an Australian resident individual, sold the followingassets: Asset Date purchased Purchase price Sales price Other information (if required) House 1 September $200,000 $820,000 1 1993 Vacant Land 1 June 1997 $30,000 $150,000 2 Car 1 February $22,000 Nil 3 2008 Vintage Car 1 March $40,000 $60,000 4 2003 Television 1 July 2010 $1,500 $200 N/A Painting 1 September $2,000 $1,800 5 2015 5,000 Shares in 1 July 2021 $7,500 $18,000 6 ABC Ltd 2,000 Shares in 1 July 2011 $6,000 $8,000 7 CAB Ltd