Blake is an Australian who acquired the following collectable Items: (5 marks) Total: 25 Marks 5 April 1990, a rare Masterpiece Hand Painted print which he paid the equivalent of $18,000. 21 July 1988, a rare Australian postage stamps book for $6,000. 24 December 1995, Armando Blue White Antique Brass Ceramic Vase for $30,000. 15 June 2004, a small collectable Murano Cristal Vase for $420. In addition, Blake purchased the following assets: June 1987 Blake purchased his house in in Redfin, Sydney for $1,700,000. A holiday house in Batemans Bay on 15 June 1993 for $750,000 and stamp duty and other legal costs of $40,000. April 2005, a lounge at the cost of $12,000 October 2007, a boat at a cost of $55,000 March 2015, a Mercedes Benz car at a cost of $98,000. In the current tax year (2021-2022) Blake decided to move to Adelaide and sold all his assets including his house for $3,200,000 on 13 June incurring $23,000 in selling costs. On 27 June he sold the holiday house for $2,600,000 and paid $4,500 in legal fees. Blake sold all his non-real estate assets via an auction house on 30 June 2022 for the following amounts: $31,000 for the rare Masterpiece Hand Painted print. $1,500 for the Australian postage stamps book. $83,000 for the Armando Blue White Antique Brass Ceramic Vase. $4,500 for the Murano Cristal Vase. $4,000 for the lounge. $70,000 for the boat. $60,000 for the Mercedes Benz car. Required: Calculate, where applicable, Blakes capital gain on the sale of each asset, (Show all workings for both indexing and discount method where applicable). (20 marks) Calculate Blakes net capital gain