In 2022, KJ Pty Ltd ("KJ"), a retailer of household goods. KJ had purchased land in a suburb close to its retail outlet intending to build new retail premises and to expand its business into selling electronic items. It was forced to change its expansion plans in 2023 when the local council rezoned the area, so it sold the land and made a profit of $300,000. Is the profit made from selling the land likely to be ordinary income?