In 2010, Jason purchased an income property for $700,000. To finance the purchase of this property, Jason took out a mortgage loan for $400,000. He paid the remaining $300,000 in cash. At no time did Jason ever take out a second loans. In 2014, the net operating income (NOI) for this income property was $100,000, and its operating expenses were $30,000. Jasons total mortgage payments in 2014 were $50,000. In 2014, Jason expanded the income propertys retail space at a cost of $20,000. Jason sold the property in 2018 for $850,000. At the time, there was a balance of $200,000 remaining on the loan. Total depreciation of the property from 2010 to 2018 was $50,000.

(a) What was the effective gross income for the income property in 2014?

(b) What was the before-tax cash flow for the income property in 2014?

(c) What were the capital gains realized from the sale of the income property in 2018?

(d) How much of the capital gains calculated in part (c) were subject to capital gains tax?