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  3. (4) on 1 november 1992 daugh had a nice home in sy

(4) On 1 November 1992 Daugh had a nice home in sydney and so ho...

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Accounting

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(4) On 1 November 1992 Daugh had a nice home in sydney and so ho acquired a second hand lounge room set of furniture for $11,000. He sold the lounge room set in september 2020 for $16,000. Required: Calailate the in dexed cost base for capital Grains tax purposes rounded to the nearest dollar. (ANS-12573) Given, Indexed cost Basp = Cost Base Indextion Factor chere Sep.2020=68.71Nov.1992=59.8

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