20.2 Sandra acquired the following ordinary shares in Prinker pic: Date No ofshares Cost 29 January
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20.2 Sandra acquired the following ordinary shares in Prinker pic:
Date No ofshares Cost
£
29 January 1994 1,000 4,000 13 August 1998 1,000 9,500 4 October 2010 2,000 22,500 On 26 June 2016, Sandra sold 700 of her shares in Prinker pic. Assuming that she acquired no further shares in the company during 2016, calculate the chargeable gain or allowable loss if her sale proceeds in June 2016 were:
(a) £8,400
(b) £6,300
(c) £5,200.
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