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| Anita acquired shares in Kent Ltd as follows: 1 July 1995 1,000 shares for £2,000 11 April 2000 2,500 shares for £7,500 17 July 2012 400 shares for £1,680 10 August 2012 500 shares for £2,000 Anita sold 4,000 shares for £16,400 on 17 July 2012. Required: Calculate Anita’s net gain on sale. |