Sarah acquired a parcel of shares in November 2021 for a total of $15,000 and disposed of them by sale in June 2023 for $27,000. She has an unapplied net capital loss from a previous income year of $2,000 that was made on a sale of shares. Sarah’s net capital gain for the 2023 income year is: Group of answer choices $2,000 $5,000 $10,000 $12,000 $15,000 $27,000

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
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Sarah acquired a parcel of shares in November 2021 for a total of $15,000 and disposed of them by sale in June 2023 for $27,000.

She has an unapplied net capital loss from a previous income year of $2,000 that was made on a sale of shares.

Sarah’s net capital gain for the 2023 income year is:

Group of answer choices

$2,000

$5,000

$10,000

$12,000

$15,000

$27,000

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