Taryn sold a sculpture for $6,000 on 1 January 2020, she bought it on December 1994...

Taryn sold a sculpture for $6,000 on 1 January 2020, she bought it on December 1994 for $1,500

Calculate both Indexation and Discount Capital Gain. Later on you need to advise which one will give you a better result.

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Expert Solution

Solution in these two boxes

jeff jeffy answered 2 years ago

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