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Which amounts represents the taxable capital gain realized

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Question 1: A partnership interest was sold this year by Epsilon for $13,000. The adjusted cost base of the partnership interest was negative $2,000. Expenses of disposition were $1,000. Which one of the following amounts represents the taxable capital gain realized on the sale?

Option a. $5,000

Option b. $6,000

Option c. $7,000

Option d. $8,000

Reference no: EM132612706

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