B sold capital property in the current year for net proceeds of $800,000. The property has an adjusted cost base of $300,000. B received $500.000 at the time of the sale and a note for the balance to be paid in equal annual instalments over the following three years. What is the minimum taxable capital gain to be reported in the current year? C sold capital property in Year 1 for net proceeds of $500,000. The property has an adjusted cost base of $100,000. C received $200,000 at the time of the sale and a note for the balance to be paid in equal annual instalments over the following three years. What is the minimum taxable capital gain to be reported in Year 2? K sold 4,000 shares of a public company for $16,000. Before the sale, Kowned 12.000 shares, an initial 7000 were purchased for $14,000 and an additional 5,000 were purchased for $10,000 twenty days before the sale. What amount is to be reported in net income for tax purposes