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King disposed of the following assets during the tax year 2 0 1 7 / 1 8 : 1 . On 3 0 June 2

King disposed of the following assets during the tax year 2017/18:1. On 30 June 2017 King sold a house for 308,000. The house had been purchased on01 January 2000 for 93,000. On 10 June 2006, King had incurred legal fees of 5,000concerning a boundary dispute with his neighbour. Throughout the 210 months ofownership the house had been occupied by King as follows:Month 34 Occupied Month 8 Unoccupied-Travelling overseas Month 24 Unoccupied-Required to work overseas by his employer Month 11 Occupied Month 30 Unoccupied-Required to work elsewhere in the UnitedKingdom by his employer Month 22 Unoccupied-Travelling overseas Month 26 Unoccupied-Required to work elsewhere in the UnitedKingdom by his employer Month 17 Occupied Month 12 Unoccupied-Required to work overseas by his employer Month 13 Unoccupied-Travelling overseas Month 3 Unoccupied-Lived with sister. King let the house out during all of the periods when he did not occupy it personally.Throughout the period 01 January 2000 to 30 June 2017 King did not have any othermain residence.2. On 30 September 2017 King sold a copyright for 80,300. The copyright had beenpurchased on 01 October 2015 for 70,000 when it had an unexpired life of 10 years.3.0n 6 October 2017 King sold a painting for 5,400. The painting had been purchasedon 18 May 2012 for 2,200.4. On 29 October 2017 King sold a motor car for 10,700. The motor car had been purchased on 21 December 2014 for 14,600.REQUIRED Calculate Kings taxable gains for the tax year 2017/18

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