19.2 Sandra acquired the following ordinary shares in Pink plc:

Date No of shares Cost

£

29 January 1982 1,000 3,000 13 August 1996 1,000 9,500 4 October 2007 2,000 22,500 The market value of the shares on 31 March 1982 was £4 per share. On 26 June 2009, Sandra sold 700 of her shares in Pink plc. Assuming that she acquired no further shares in the company during 2009, calculate the chargeable gain or allowable loss if her sale proceeds in June 2009 were:

(a) £8,400

(b) £6,300

(c) £5,200.