1. Mr Cheung owned two homes from 2015 to 2017. He had purchased Home A in 2003 for $60,000. In 2015, he purchased Home B for $180,000, with the intention of selling Home A immediately. Due to market conditions, mortgage rates, and the asking price, he was unable to sell Home A until 2017. The proceeds received on the sale of Home A were $150,000. In 2018, he was transferred to a different city and sold Home B. He designated 2015 and 2016 to Home A when it was sold. The proceeds received on the sale of Home B were $200,000. What is his taxable capital gain on Home B? Please show your calculation. (6 marks)