(Answered) Alice sells a property in 2018 for 754000 that she has held

Finance

Alice sells a property in 2018 for $754,000 that she has held for five years. She bought the property for $629,000 and during the period of ownership she claimed a building depreciation allowance of $7,000 each year. Given a marginal tax rate of 47% (including the Medicare levy) the relevant tax to be paid relating to the sale will be?

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