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B sold capital property in the current year for net proceeds of $500000. the property has an adjusted cost base of $100,000. B received $200,000

B sold capital property in the current year for net proceeds of $500000. the property has an adjusted cost base of $100,000. B received $200,000 at the time of the sale and a note for the balance to be paid in equal annual installment over the following three years. what is the minimum taxable capital gain to be reported in the year

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