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What is the adjusted cost base of ls investment

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Reference no: EM132749203

Question: L purchased 10,000 units of a mutual fund in the current year for $100,000. He received a T3 from the fund showing the following distributions for the current year which were reinvested in the fund:

- Actual amount of eligible dividends: $10,000

- Taxable amount of eligible dividends: $13,800

- Capital gains: $8,000

- Other investment income: $4,000

What is the adjusted cost base of L's investment in the mutual fund at the end of the current year?

Reference no: EM132749203

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