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Which amounts represents the minimum amount

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Question - Mary sold a capital property on October 31, 2020 for $300,000 with a cash down payment of $25,000. The balance of $275,000 is payable on October 31, 2024. The adjusted cost base of the property was $145,000 and the selling costs were $7,000. Which one of the following amounts represents the minimum amount that must be included in Mary's income for her tax return (rounded to the nearest dollar) in 2020?

Reference no: EM132868052

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