Question: Hello...Please solve this question in step-by-step manner..I will surely give you an upvote but for that step-by-step solution is needed...Thank you so much :)) QUESTION

Hello...Please solve this question in step-by-step manner..I will surely give you an upvote but for that step-by-step solution is needed...Thank you so much :))

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John purchased a valuable painting for 2,500 in June 2010. He sold it in March 2021 for 5,900. What are the capital gains consequences and why?

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