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Question 2a note v

Softapp Ltd is a software developer. The company’s summarised statement of profit or loss for the year ended 31 March 2013 is as follows:
Note £
Operating profit 1 & 2 519,300
Other income
Income from property 3 36,700
Loan interest receivable 4 8,100
Profit on disposal of shares 5 64,900
Finance costs
Interest payable 6 (67,200)
Profit before taxation
561,800

Note 5 – Profit on disposal of shares
The profit on disposal of shares is in respect of the sale of Softapp Ltd’s entire (2%) shareholding in Networked plc on 28 February 2013. The disposal resulted in a chargeable gain of £61,300. This figure is after taking account of indexation.

Required:
(a) Compute capital gain on disposal of shares.