Mr. Adam Lamb sold the following assets this year, all of which were purchased within the last 10 years:

Cost Proceeds

Oil painting 2500 500

Canoe 700 500

Rare coin 1300 500

Bible produced in 1635 800 5000

Antique car 15000 10000

Antique chair 300 1200

Antique table 1500 2000

Mr. Adam lamb has unclaimed capital loss on listed personal property of $1200 arising 3 years ago. Mr. Lamb would like you to calculate his net taxable capital gain this year.