21 (6 points) Andy Buckthom works for Dell Industries (a Public company). On December 31, 2018, Andy received options to buy 10,000 shares of Dell Industries for $15 per share. The options had vested and were exercisable immediately upon issue. At the date of issue, the shares had a FMV of $20 per share On August 30, 2019, Andy exercised all of his options and purchased 10,000 shares of Delf Industries. The FMV of the shares on August 30, 2019 was $25 per share. On October 31, 2021, Andy needed some extra money to make a down payment on a new house and sold all 10,000 of his shares in Delf Industries for $50 per share REQUIRED 1. Based on above, calculate Andy's taxable income for tex years 2018 to 2021. (4 Marks) 2. Explain in your own words, how the tex consegnes noted in would differ f Dell Industries was c Canadian Controlled Povate Corporation instead of a Public company (2 Mark Paragraph BIUN --3 Andy Buckthorn works for Delf Industries (a Public company). On December 31, 2018, Andy received options to be 10,000 shares of Delf Industries for $15 per share. The options had vested and were exercisable immediately upa issue. At the date of issue, the shares had a FMV of $20 per share. On August 30, 2019, Andy exercised all of his options and purchased 10,000 shares of Delf Industries. The FMV an the shares on August 30, 2019 was $25 per share On October 31, 2021, Andy needed some extra money to make a down payment on a new house and sold all 10,00 of his shares in Delf Industries for $50 per share. REQUIRED: 1. Based on above, calculate Andy's taxable income for tax years 2018 to 2021. (4 Marks) 2. Explain, in your own words, how the tax consequences noted in '1' would differ if Delf Industries was a Canadian Controlled Private Corporation instead of a Public company. (2 Marks)