Due to financial difficulties resulting from unfortunate business decisions, Mr. Bo Godina has been forced to sell a number of items.

• An A.Y. Hackson oil painting which he acquired for $140,000 is sold at auction for $180,000, with the auction house claiming a 20 percent commission on the sale price.
• An antique armoire that he acquired for $850 is sold privately for $1,300. No selling costs were involved.
• A vintage Chris Craft boat which he acquired several years ago for $85,000 is sold for $61,000 with no related selling costs.
• As a life long admirer of George Bernard Shaw, he had acquired a first edition of the play Pygmalion for $22,000. Since his purchase, the works of Shaw have become less popular and the sale of this manuscript nets Mr. Godina only $4,200.
• An extensive stamp collection is sold for $16,000. The cost of all of the stamps totaled $12,500. No selling costs were involved.
• Mr Godinas father left him a vintage automobile in his will several years ago. Mr. Godinas father had purchased it for $23,000 and spent an additional $17,000 restoring the vehicle. The estimated value of the automobile was $60,000 when Mr. Godina received it and he sells it for $110,000, with no related selling costs.

Required: Mr. Godina has asked you to determine the minimum amount that would be included in his Net Income For Tax Purposes as a result of these dispositions. Indicate any amounts that are available for carry over to other years.