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Calculate capital gain on sale of the Cryptocurrency

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Question - Lisa converted cryptocurrency into $27,200 Australian dollars in October 2019. To complete the transaction, she incurred $950 in transaction fees. Therefore, Lisa received $26,250 in cash. Lisa had acquired the cryptocurrency in September 2018 for $9,200 Australian dollars. Calculate capital gain(loss) on sale of the Cryptocurrency?

Reference no: EM132641231

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