Malcolm bought a block of land in Cordeax Heights on 22 June 1991 for $100,000.00. He plants trees on the land on 10/10/95 at a cost of $20,000.00 for landscaping. He sells the 6 land to Ian on 15 Jan 2023 for $200,000 payable in 8 monthly instalments of $25,000.00 each, starting 15 January and final instalment due late next year. Calculate Malcolm's net capital gain in the current year assuming no other CGT events have occurred. Discuss the impact if Ian fled the country on 7 July and the final 2 installments were never received by Rich. Assume Ian had sole the land prior to leaving and there is no possibility of recovering the final instalments.