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Bob sold a capital property on December 31, 2021 for $300,000 with $20,000 paid in cash and $280,000 payable December 31, 2022. The ACB of
Bob sold a capital property on December 31, 2021 for $300,000 with $20,000 paid in cash and $280,000 payable December 31, 2022. The ACB of the property was $170,000 and the selling costs totaled $10,000. Which one of the following amounts represents the minimum taxable capital gain required to be included in income for the 2021 taxation year
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