The taxpayer, an Australian resident, is an employee of the ABC Bank and sells a number of assets during the 2019/20 income year. The transactions are as follows:

1. A vintage motorcycle sold for $25,000 after purchasing it in 2000 for $5,000 and restoring it to its original condition.

2. 500 shares in Ramsey Healthcare sold for $76.50 per share after buying them for $15.00 per share in 2010.

3. 1200 units in a unit trust sold for $10.50 per unit after buying them for $12.50 per unit in 2009.

4. A long-term investment property in Sorrento which he purchased for $40,000 in 1984 and recently sold for $640,000. To achieve this price, he paid a highly rated real estate agent a commission of 4%.

5. A large panoramic TV purchased to watch footy under the verandah that cost $10,000 in 2015, and sold for $2,000.

What is the taxpayer's net capital gain/loss for 2019-20 if he has no capital losses from earlier years?

Select one:

a. $628,350

b. $19,175

c. $28,350

d. $14,175

e. $16,575