Question: Question 8 ( 2 points ) Saving... Bubbles Ltd . sold a capital property on October 3 1 , 2 0 2 4 for $

Question 8(2 points)
Saving...
Bubbles Ltd. sold a capital property on October 31,2024 for $200,000 with a cash down payment of $15,000. The balance of $185,000 is payable on October 31,2028. The adjusted cost base of the property was $115,000 and the selling costs were $7,000. Which one of the following amounts represents the minimum capital gain (rounded to the nearest dollar) in 2024?
None of the answers are right.
$7,800
$5,850
$39,000
$15,600
Question 8 ( 2 points ) Saving... Bubbles Ltd .

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