Question: In preparation for retirement and to provide an emergency fund, Samantha sold a number of rare coins directly to a dealer this year for $14,200.
In preparation for retirement and to provide an emergency fund, Samantha sold a number of rare coins directly to a dealer this year for $14,200. The adjusted cost base (ACB) on the coins was $4,600. She also sold her stamp collection for $8,200, which had an ACB of $8,850. Samantha paid the dealer a $350 commission on the sales. Calculate Samantha's total capital gain on the 2 transactions
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