Joe purchases a block of land in the Western suburbs of Adelaide as an investment on 31 March 1988 for $50,000 incurring fees on purchase totaling $2,000. By 31 December 1988, he builds a house on the land costing $24,000. By 30 June 1990, he erects a large garage on the rear of the property costing $8,000. In May 2021, he decides to sell the investment property. On 1 June 2021, he enters into contract to sell the property for $400,000 and receives payment on settlement on 31 July 2021. He incurs selling costs of $12,000. Calculate Joe's net capital gain for the financial year ending 30 June 2021 using both discounting and indexation methods if applicable. o $152,000 (discount method) and $236,224 (indexation method) 0 $76,000 (discount method) and $272,448 (indexation method) O $152,000 (discount method) and $272,448 (indexation method) O $76,000 (discount method) and $136,224 (indexation method)