Carolyn sold capital property on 2011 for $800,000 and incurred $24,000 in selling costs.

The property had an ACB of $176,000. Colin received $200,000 at the of sale
and a note for the balance. The note is to be repaid over six years in equal
installments of $100,000, commencing in 2012.
Required:
Determine the minimum taxable capital gain to be reported by Carolyn in 2011, 2012 and 2013.