CAPITAL GAINS RESERVE EXAMPLE In 20x4 John sold a building having an ACB of 40,000 for 250,000. Disposal fees on this transaction were $10,000. The purchaser has agreed to pay for the building according to the following payment schedule 20x4- 50 20x5- 50,000 20x6- 50,000 20x7- 110,000 20x8- 25,000 20x9- 15,000 $250,000 Required: Calculate the capital gains reserve which may be claimed by John for 20x4 to 20x9