(2?) Pi owns ?5% of the common shares of an investment holding corporation and the remainder of the shares is owned by his daughter. In this year, Pi transferred portfolio shares that cost him $11,{} and were worth $1T,{}[}D, electing at $11,{H}[} under subsection 85(1). As consideration for the transfer, he received a promissory note for 1511300 and preferred shares with a retraction value of $4,. Which one of the foowing choices represents the elected transfer price and the adjusted cost base of the preferred shares, respectively? (a) $13,110::- and nil (b) $ll, and $4,. (c) $1 1,000 and same (:1) $13,0oo and when