At the beginning of $2022,$ Mark Candy has two properties in Class $10.$ that are used in his business. The UCC balance in this class is $$7,423,000.$ The capital cost of each of the two properties is $$7,500,000.$ On June $30,2022,$ one of the properties is sold for $$7,950,000.$ There are no other additions or dispositions to Class $10$ for the taxation year ending December $31,2022.$

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What are the income tax consequences of the Class $10$ property disposition for $2022?$