David, had tax adjusted income from trading of 45,000 for the tax year 2022/23. On 31 January 2023 David sold a painting for a gross price of 66,800. He incurred auctioneer's commission of 10% of the selling price of the painting. David had inherited the painting from his grandmother on her death in May 2015. At that time the painting had a market value of 36,000. Required: Calculate David's chargeable gain and capital gains tax liability for the tax year 2022/23(5 Marks)