Multiple Choice
Javier purchased a 1972 Dodge Charger in 2011 for $17,000 and a year later he sold it for $21,000. Due to these transactions
A) Javier earned a capital gain of $4,000.
B) Javier earned a capital gain of $21,000.
C) Javier earned a dividend of $17,000.
D) Javier earned a dividend of $21,000.
Correct Answer:
Verified
Correct Answer:
Verified
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