Question - On 1 April 1987 Jenna bought 2 000 shares in ABC Ltd for $4.25 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 8.00 per share
500 PBL 13.00 per share
250 PBL 12.00 per share
Required: Calculate Jenna's capital gains on the sale of her shares for 2015/16.