Ms. Crumb owns a house in Winnipeg, as well as a cottage at Clear Lake. She purchased the house in 2012 for $130,000. The cottage was gifted to her in 2015 by her parents. At the time of the gift, the fair market value of the cottage was $90,000. She lives in the Winnipeg house during the year and spends her summers at the Clear Lake cottage. Ms. Crumb is contemplating selling both properties in 2017 for the following amounts. Assume selling costs for each property will be 5% of their respective PoD: PoD House $201,500 Cottage 155,000 REQUIRED: Determine the minimum taxable capital gain that Ms. Crumb can report in 2017 if she sells her house and cottage.