On January 15, 2019, Ms. Michelle Pyatt purchases 35,000 Eastern Caribbean dollars (ECS) at a...
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On January 15, 2019, Ms. Michelle Pyatt purchases 35,000 Eastern Caribbean dollars (ECS) at a rate of EC$1 = C50.2 Using EC$30,600 of these funda, on June 7, 2019, she acquires 483 shares of a Grenadan company, Matte Inc. at a price of EC568 per share. At this time ECS1C$0.3. During September 2020, the shares are sold for EC$96 por sharo. The Ecs are immediately converted to Canadian dollars at a rate of ECS1 = C$0.17. What amount will be included in Mr. Pyet's 2019 Not income for Tox Purposes as a result of these transactions
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