A number of years ago, Diego purchased 50,000 shares of Cooper Inc., a Canadian private company at a price of $2 per share. The shares are not considered qualified SBC shares. From Diego's purchase to the beginning of the current year, all dividends declared on the shares of Cooper have been paid in cash. In March of the current year, for the first time, Cooper issued a 5% stock dividend and recorded an increase in legal stated capital of $10 per share. In September of the current year, Cooper issued a capital dividend of $0.40 per share. In December of the current year, Diego sold all his shares for $12 a share. Which of the following amounts is the correct taxable capital gain that arises in the current year as a result of the sale of the shares? Question 13 options: a) $237,500 b) $247,500 c) $263,000 d) $252,500