1. In the year of her death, P owned a rental property - land (FMV $300,000; cost $230,000), building (FMV $380,000; cost $310,000; UCC $220,000). In her Will, she bequeathed the property to her spouse. What amount is added to P's taxable income in the year of death? 2. In the current year K gifted shares of a public corporation to his spouse. The shares, that originally cost $12,000, had a value of $16,000 at the time of the gift. During the year, K's spouse received an eligible dividend of $400 from the public corporation. What amount, if any, is included in K's net income for tax purposes in the Current year? 3. In the current year J gifted shares of a public corporation to her child who is 16 years old. The shares, that originally cost $12,000, had a market value of $18,000 at the time of the gift. Later in the same year, the child received an eligible dividend of $300 from the public corporation and then sold the shares for $28,000. What amount, if any, is included in J's net income for tax purposes in the year? 4. H sold land to his sibling for $200,000. The land is used for farming and at the time of the sale had a market value of $230,000. Two years after the sale the sibling sold the land for $250,000. What amount is included in the sibling's net income for tax purposes from the sale of the land? 5. G and her spouse are both employed and salaries are their sole source of income. In the current year G's employment income was $96,000 and her spouse's was $98,000. They have two children ages 4 and 9. Child-care expenses for the year include the following: day care fees of $12,000 for the 4-year-old, after-school day care fees of $3,000 for the 9 year-old. What is the maximum amount that can be deducted from G's income for tax purposes in the current year? 7. In the current year E attended university full time and received a scholarship of $4,000 that covered most of the tuition. E also received support payments of $30,000 from her former spouse of which $12,000 was designated as support for her 5 year- old child. E withdrew $6,000 from her RRSP to help cover university expenses. Fortunately she won $3,000 from a lottery. What amount is added to E's income for tax purposes in the current year