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Shana has a stock portfolio with a fair market value(FMV)of$35,000 which she has decided to...

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Accounting

Shana has a stock portfolio with a fair market value(FMV)of$35,000 which she has decided to sell to her mother for $15,000, the same amount as Shana's ACB for the portfolio. What is Shana's capital gain on this sale? $0 $10,000 $20,000 $35,000 $0

$10,000

$20,000

$35,000

Answer & Explanation Solved by verified expert
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