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Lien makes the following purchases of shares of Intech a public Canadian company 1/1/2001...

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Accounting

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Lien makes the following purchases of shares of Intech a public Canadian company 1/1/2001 85 shares. $25 each 1/1/2005: 210 shares S60 each 1/1/2010 380 shares $19.00 each The shares are capital amets to Lion Lien solls 85 shares during the current taxation year and receives proceeds from the sale of $10,000. How much is Lion's grans capital gain on the sale? Choose the correct answer (Round to the nearest dollar) O A 50 OB. 57.875 OC. $7.237 OD 55, 100 Lien makes the following purchases of shares of Intech a public Canadian company 1/1/2001 85 shares. $25 each 1/1/2005: 210 shares S60 each 1/1/2010 380 shares $19.00 each The shares are capital amets to Lion Lien solls 85 shares during the current taxation year and receives proceeds from the sale of $10,000. How much is Lion's grans capital gain on the sale? Choose the correct answer (Round to the nearest dollar) O A 50 OB. 57.875 OC. $7.237 OD 55, 100

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