Mr X acquired a holiday home on 1 January 1994 for $90,000 and incurred on 1 April 1994 legal expenses, stamp duty and valuation fees of $2,000,...

Mr X acquired a holiday home on 1 January 1994 for $90,000 and incurred on 1 April 1994 legal expenses, stamp duty and valuation fees of $2,000, $3,000, and $1,000 respectively. In March 2003, X incurred $20,000 building an extra room on to the holiday home. In June 2003, X incurred further expenditure of $1,000 in seeking council approval for a second extension to the building. Council approval was not obtained and the planned extension was not followed up. In September 2004, X paid $3,000 for the home to be repainted. On 20 September 2009, the property was sold for $175,000, in relation to which, X incurred agents' fees and legal expenses of $3,000 and $2,000 respectively. At no time was the holiday house used for any income- producing purposes. Land Tax of $1000 per year was paid on the above home.

What is the CGT position for the sale of X's holiday home?

Your answer must be set out in a table.