Mary sold a capital property on October 31, 2020 for $300,000 with a cash down payment of $25,000. The balance of $275,000 is payable on October 31, 2024. The adjusted cost base of the property was $145,000 and the selling costs were $7,000. Which one of the following amounts represents the minimum amount that must be included in Mary's income for her tax return (rounded to the nearest dollar) in 2020?

Group of answer choices

$29,600

$7,800

$14,800

$74,000