What is that amount of income

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Question - Brian Adams disposed of certain personal properties during the 2020 calendar year:

Proceeds Cost Gain/(Loss)

Toyota Corolla $6,000 $10,500 $(4,500)

Stamp collection $4,500 $800 $3,700

Painting $900 $500 $400

Required - What is that amount of income/(loss) that must be included in Brian 's 2020 personal tax return?

Reference no: EM132884427

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