Colin Rtzgerald sold capital properly in 2021 for $600,000 and incurred $24.000 in

sclling cos1s. The property had an adjusted costbasc of $17 6,000. Colin received

$150,000 at the1imc of the sale and a note for the balance. The note ls to be repaid

over nine years in equal instalments of $50.000. commencing in 2022.

Determine Ille minimum taxable capital gain to be reported by Colin in 2021. 2022.

and 2023.