Alan sold a land for $$300,000$ in Year $2.$ He had purchased the land as qualifying replacement property in Year $1$ for $$230,000$ using the proceeds received as insurance damages from destruction of his property. He had received $$220,000$ as damages as against the adjusted tax basis of the property of $$190,000.$ He had not reported any capital gain in Year $1$ claiming exemption due to involuntary conversion. What is the capital gain that he should report on sale of land in Year $2?$

$$60,000$

$$100,000$

$$30,000$

$$0$