#6. In each of taxation years 1 to 5, John made contributions of $8,000 to Bettys Spousal RRSP. Calculate the tax consequence if Betty withdraws $25,000 from the spousal plan in Year 7.

a. John will have taxable income of $25,000.

b. Betty will have taxable income of $9,000.

c. John will have taxable income of $8,000 for Year 7 and Betty will have taxable income of $17,000.

d. John will have taxable income of $24,000 for Year 7, and Betty will have taxable income of $1,000 for Year 7.