On 1 January 1991 , Russell Shrewd purchased 200 shares in ABC Ltd for $1, 400 and 300 shares in XYZ Ltd for $2, 600 , intending to hold them as an…

.On  January , Russell Shrewd purchased shares ABC Ltd $1, shares XYZ Ltd $2,, intending to hold them as an investment.On  August , he sold the shares ABC Ltd $700. As at  June , the shares XYZ Ltd had risen value to $3,. Russell’s only other income in the year ended 30 June 2013 was a salary of $22,000.On 20 December 2013, Russell sold the shares in XYZ Ltd for $3,600. His only other income in the year ended 30 June 2014 was a salary of $23,000.What is Russell’s taxable income each of the years ended  June  June ?

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