18.4 In January 2010 Karl sells a one-quarter interest in a painting for 25,000. The remaining three-quarter
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18.4 In January 2010 Karl sells a one-quarter interest in a painting for £25,000. The remaining three-quarter interest is valued at £85,000. The painting had cost Karl
£38,500 in January 2001. Compute the chargeable gain.
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