17.2 David was given a chargeable asset in November 2002 at which time the asset had a...
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17.2 David was given a chargeable asset in November 2002 at which time the asset had a market value of £4,500. He sold the asset in January 2010. Compute the chargeable gain or the allowable loss if his sale proceeds were:
(a) £4,950
(b) £4,350
(c) £5,780.
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