On 1 January 1991, Russell Shrewd purchased 200 shares in ABC Ltd for $1,400 and 300 shares in XYZ Ltd for $2,600, intending to hold them as an investment.

On 15 August 2020, he sold the shares in ABC Ltd for $700. As at 30 June 2021, the shares in XYZ Ltd had risen in value to $3,000. Russell's only other income in the year ended 30 June 2021 was a salary of $22,000.On 20 December 2021, Russell plans to sell his shares in XYZ Ltd for $3,600. His only other projected income in the year ended 30 June 2022 is a salary of $23,000.

What is Russell's taxable income for the year ended 30 June 2021 and his projected taxable income for 30 June 2021?

assume there is to be no change in the marginal tax rates between 2021 and 2022.