Tina is a tax resident in Country A. She acquired the following assets in 2017:

(a) two houses located in Country A. The cost of each house was $10 million.

(b) a house located in Country B. The cost of the house was $25 million.

(C) a motor vehicle for $3 million.

(D) a painting. She paid $2.5 million.

(E) Government bond issued by Country A for $500,000.

In 2021, she disposed of all the properties and received the following disposal proceeds:

Painting - $1million

House in Country A - $25 million each

House in Country B - $35 million

Motor vehicle $3.5 million

Government bond- $1 million.

In Country A, full tax relief is available for the principal place of residence. A annual exemption of $500,000 is also available.

Tina incurred agency fees of $180,000 and $100,000 on the disposal of the houses located in Country A and Country B respectively.

Prior to disposing of the house in Country B, she incurred repair expenses of $2 million. Tina also incurs monthly maintenance of $20,000 for each house.

Tina's accumulated capital losses as at 31 December 2020 was $2,500,000 broken as follows:

2020 - $700,000

2019- $1,300,00

2018-$ 500,000

Using the 2 steps system template to determine Tina’s capital gains status for 2021.