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Asset | Capital Gain / Loss Sailboat: 1 3 , 0 0 0 Speedboat: - 2 2 , 5 0 0 Principal Residence: 1 4

Asset|Capital Gain/Loss
Sailboat: 13,000
Speedboat: -22,500
Principal Residence: 145,000
Vacant Land: -274,405
Big Pharma Shares: -104,000
PC Shares: 2,371,950.00
Gold Ring: 3,300
West Shares: 64,505.26
Principal residence information: : The home was the principal residence for Dr. and his former spouse for 10 years, ending in the current taxation year. Last year, Dr. sold his cabin at the lake, which he claimed as his principal residence for two taxation years(the cabin at the lake was designated as Dr.'s principal residence for the two most recent taxation years.) Therefore, this home cannot be claimed as Dr.'s principal residence for those years.
Calculate the net taxable capital gain for Dr. for the current year:
Answer is $1,044,426.00
Please tell me how this answer was reached.

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