A resident individual has the following capital gains and losses for the year: 1) Discount...

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Accounting

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A resident individual has the following capital gains and losses for the year: 1) Discount capital gain on $40,000 shares (before discount applied) 2) Capital loss on jewellery $4,000 3) Net capital loss from $1,000 prior year share trades carried forward What is their minimum net capital gain for the year? $19,000 $19,500 $17,500 O $17,000

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