Copyrights aren't in the syllabus anymore.

Therefore this question can be ignored for the exam purpose.

On 31 March 2015, Jessica sold a copyright for £28,800. The copyright had been purchased on 1 April 2009 for £21,000 when it had an unexpired life of 15 years.

What is Jessica’s chargeable gain in respect of the disposal of the copyright?

A. Nil
B. £20,400
C. £16,200
D. £7,800