Mr Yee Sold a Piece of Land in 20X0 for $500,000

Mr. Yee sold a piece of land in 20X0 for $500,000. He originally paid $100,000 for the land. Selling costs totaled $15,000. The land is classified as capital
property. The purchaser of the land paid Mr. Yee $80,000 in 20X0, and will pay
$84,000 each year for the next five years.
Required:
Calculate the taxable capital gain that Mr. Yee will have to include in his income for tax purposes in 20X0 and 20X1.