As a tax accountant, you are trying to prepare the income tax return for one of your clients, Jennifer Gallen, for the 2023-24 income year and she included a list of CGT transactions that she entered into during this income year.

• On 1 October 2023, she sold 1800 shares at the price of $76 per share. She acquired those shares in September 2017 for a total price of $88,000.

• On 3 April 2024, she received $450,000 from the disposal of other shares that she purchased in June 2022 for $320,0000.

• Also, she had a net capital loss of $230,000 from prior years that she could carry forward to offset other capital gains.

Calculate the net capital gain or loss for Jennifer and apply the relevant law provisions to minimise her tax liability when relevant.