Giang Ngo sold a piece of land in Year $1$ for $$500,000.$ The original cost of the land was $$100,000.$ Selling costs totaled $$15,000.$ The land qualifies as capital property. The purchaser of the land paid Giang $$80,000$ in Year $1$ and will pay $$84,000$ each year for the next five years.

Required:

Calculate the minimum taxable capital gain that Giang will include in income for tax purposes for Year $1$ and Year $2.$

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