$18)$ Alistair was employed by ABC Ltd$.($a Canadian$-$controlled private corporation$)$ from January to December of $2023.$ Alistair earned a gross salary of $\backslash (\backslash$$ $72,000\backslash ).$ The following deductions were made during the vear: The following amounts were paid by ABC Ltd$.$ in $2023$ on Alistair's behalf:On January $15,2021,$ Alistair was given an option to purchase $500$ shares of ABC for $\backslash (\backslash$$ $500\backslash )$ per share when the market value was $\backslash$$$5\mathrm{.}50.$ Alistair exercised the option on June $1,2022,$ when the shares were valued at $\backslash (\backslash$$ $7\mathrm{.}00\backslash )$ and sold the shares on March $17,2023$ when the market value was $\backslash (\backslash$$ $8\mathrm{.}00\backslash )$ per share. Alistair pays $\backslash (\backslash$$ $50\backslash )$ a month for a personal cell phone. Alistair purchased $\backslash (\backslash$$ $300\backslash )$ worth of merchandise $($at cost$)$ from ABC Ltd during the year. The retail value of the merchandise was $\backslash (\backslash$$ $500\backslash ).$ Required: A$)$ Calculate Alistair's minimum net income for tax purposes from employment for $2023,$ in accordance with Section $3$ of the Income Tax Act. B$)$ Calculate Alistair's capital gain from the sale of the stock option. C$)$ Identify items that have been omitted in your calculations in A and B$.($Alistair minimizes the tax liability whenever possible.$)$ D$)$ Will Alistair be able to deduct the stock option deduction to arrive at taxable income? Why or why not?