$10.$ Which of the following statements about annuity payments received is correct?

Question $10$ options:

A$.$ Net income is increased by the amount of any annuity payment received.

B$.$ If an individual uses funds from a savings account to purchase an annuity, the taxable amount of the payment is interest portion.

C$.$ To qualify as an annuity, the payments cannot extend beyond the life of the annuitant.

D$.$ If the annuity was purchased by an RRSP$,$ none of the payments will be required to be included in net income.