Question: 4/5/23, 3:46 PM Assignment Print View 4. Award: 10.00 points Sharon Sutherland owned a home in Toronto, Ontario, a ski chalet in Whistler, British Columbia,
4/5/23, 3:46 PM Assignment Print View 4. Award: 10.00 points Sharon Sutherland owned a home in Toronto, Ontario, a ski chalet in Whistler, British Columbia, and a condominium in Florida, U.S., until June 15, 2022, when she sold all three properties and moved into a seniors' residence. She provides the following information with respect to the properties: Property Year acquired Cost Selling price(net of commission and other selling costs) Home 2013 $200,000 $ 700,000 Cond 2020 250,000 400, 000 Chalet 2016 120,000 330,000 For the years that Sharon owned each property, she ordinarily inhabited it at some time in the year. She tended to spend the winter in Florida, the summer in Toronto, and the fall in Whistler Required: a. Determine the minimum taxable capital gain to be reported by Sharon on the sale of the three properties. (Enter all amounts as positive numbers.) HOME CONDO CHALET Number of years owned Gain per year Proceeds Adjusted cost base Gain Principal residence exemption Capital gain Taxable capital gain Minimun taxable capital gain . For each of the years listed, indicate which property is designated as a principal residence. (Choose "N/A" whenever "Property" is not applicable.) https://ezto.mheducation.com/api/caa/activity/C15Print?jwt=eyJhbGciOiJSUz|1NiJ9.eyJIbnZpcm9ubWudC16In Byb2QiLCJpc3MiOiJlenQiLCJwcmlud... 1/24/5/23, 3:46 PM Assignment Print View Year Property 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 https://ezto.mheducation.com/api/caa/activity/C15Print?jwt=eyJhbGciOiJSUz|1NiJ9.eyJIbnZpcm9ubWudC16In Byb2QiLCJpc3MiOiJlenQiLCJwcmlud... 2/2
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