On 1 April 1987 Jenna bought 2 000 shares in ABC Ltd for $425 per share On 1 June 1993 she also bought 1 000 shares in PBL at a cost of $14 per share In 2015, Jenna wanted to buy a flat so she sold some of her shares on 2 December 2015 at the following prices:
$
1 000 ABC 800 per share
500 PBL 1300 per share
250 PBL 1200 per share
Required:
Calculate Jenna’s capital gains on the sale of her shares for 2015/16
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