2. Dresses R Us moved into their new rented premises on January 1, 2019. The term of the lease is 10 years. $8,000 of leasehold improvements were done during January 2019 with further leasehold improvements of $4,500 completed during January 2020. The maximum amount of CCA for 2020 is: O a) $1,475. b) $1,550. O c) $1,250. O d) $1,300.3. Jason Marks has to pay his tax by instalments as a result of his significant investment income. His net tax owing in 2018 was $13,600. In 2019, it was $15,000. His estimate for 2020 is $17,000. If he decides to pay his 2020 tax instalments according to the prior year option, how much should he pay on September 15, 2020? a) $3,400. Ob) $3, 750. O c) $4,250. Od) $6,500.4. Which of the following is NOT included in ITA 53 as an adjustment to the cost base of an asset? a) Government assistance with the cost of acquisition. Ob) CCA taken in previous years. c) Superficial losses. d) In the case of vacant land, interest, and property taxes.5. Which of the following statements with respect to childcare costs is NOT correct? a) In calculating earned income for childcare cost purposes, net business income is included, but net business losses are not. (b) Amounts paid to a person under the age of 18 are never deductible. () c) The higher income spouse can deduct childcare costs if the lower income spouse is a person confined to a prison or similar institution throughout a period of not less than 2 weeks in the year. (d) There is no requirement that amounts be spent on specific children