A taxpayer sold the following items in the current year: E A block of land on 5 July for $118,000. He had purchased it for 115,000 on 9 January 2000. .Rental Property on 10 July for $350,000. He had purchased it for $200,000 on 1 . June 2019 and incurred expenses on the purchase and sale of $50,000. Shares in ABC Pty Ltd on 1 August for $4,000. The shares had been purchased on 1 August 1998 for $5,000. House used as his residence on 1 June for $600,000. He had bought the house on 1 June 1999 for $48,000. State the CORRECT answer for the amount that the taxpayer must include in his assessable income: $327.000 $352.000