Calculate the minimum capital gain

Reference no: EM133500772

Question: Kelly has been investing in shares for many years. During the year ended 30 June 2022 she disposed of the following parcels of shares. Calculate the minimum capital gain that will be included in her assessable income. Show all working out.

Company	Purchase date	Cost	Sale Date	Sale Proceeds
Telstra shares	17 Nov 1997	6,300	17 Nov 2021	5,050
Rio Tinto shares	20 Sep 1984	6,000	11 Jul 2021	19,500
OneSteel shares	8 Feb 2022	1,200	28 Jun 2022	1,440
Woolworths shares	15 Aug 1998	6,500	31 May 2022	9,150

Reference no: EM133500772

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