Which of the following statements is NOT correct?

Bob sold a capital property on December 31, 2019 for $300,000. $280,000 is payable on December 31, 2021, and the balance was paid immediately in cash. The adjusted cost base of the property was $170,000 and the selling costs totalled $10,000. Which one of the following amounts represents the minimum taxable capital gain in 2019?

		$24,000.
		$10,000.
		$4,000.
		$12,000.