Bass Ltd$.,$ a Canadian$-$controlled private corpora$$on$,$ sold two parcels of land during its $2023$ taxa$$on year. Details of each transac$$on are as follows: $1.$ Bass sold a one$-$hectare site in Otawa for $$200,000.$ They received the full price in cash. They had purchased the land five years before for $$160,000.$ Bass had intended to construct a warehouse on the land for the purpose of storing inventory for its $12$ retail stores. Subsequently, they decided that the warehouse should be located in Sudbury; for this reason, Bass sold the Otawa site. $2.$ Bass sold a two$-$hectare site in Guelph for $$600,000.$ They had purchased the land two years previously for $$320,000,$ with the inten$$on of selling it a$$er property values increased. Bass received a $$90,000$ down payment in $2023.$ The full balance of the purchase price is due and payable in $2027.$ Required: $($a$)$ Determine the minimum increase to the $2023$ income for tax purposes of Bass Ltd$.$ as a result of the two property sales $($ignore interest considera$$ons on any unpaid balance$).($b$)$ In what years will the gain, if any, be recognized for the Guelph property?