Question: Identify the correct capital gain calculation. a. Basis - Sales Price - Selling Costs = Gain/Loss. b. Sales Price + Selling Costs - Basis =

Identify the correct capital gain calculation.

a. Basis - Sales Price - Selling Costs = Gain/Loss.

b. Sales Price + Selling Costs - Basis = Gain/Loss.

c. Basis - Sales Price + Selling Costs = Gain/Loss.

d. Sales Price - Basis - Selling Costs = Gain/Loss.

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