Question: Mr. Sandy Beech has provided the following information regarding his share transactions in Taxify Limited: 2016 2017 2018 2019 2020 2021 purchased 4,500 shares purchased

 Mr. Sandy Beech has provided the following information regarding his share

Mr. Sandy Beech has provided the following information regarding his share transactions in Taxify Limited: 2016 2017 2018 2019 2020 2021 purchased 4,500 shares purchased 3,500 shares purchased 1,500 shares sold 6,500 shares purchased 1,700 shares sold 2,500 shares @ $6.25 each @ $7.50 each @ $8.75 each @ $11.00 each @ $9.00 each @ $7.00 each Required: Calculate the TAXABLE capital gain or ALLOWABLE capital loss for 2021

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