About three years ago, Nikki and her husband each invested $5,000 into NewApp Inc, a CCPC (Canadian Controlled Private Corporation). All operations are in Canada. Neither of them previously owned a company or a farm. At least 90% of the fairmarket value of the assets are actively used in operations, and Nikki and her husband each own 100 of the 200 shares issued by NewApp. Raina R, is a chartered business valuator (CBV) and has suggested the company is worth $1.6 million. Both are tiring of the long hours required to keep the company going so they have decided to divest and retire early in life. To minimize their personal tax expenses, they should most likely: Select one: a. Sell the assets (eg. Equipment, building, etc) of NewApp separately over a period of time b. Sell their shares which will allow them to access the LCGE (life-time capital gains exemption) up to $500,000 each c. Sell their shares which will allow only one of the spouses to access the LCGE (life-time capital gains exemption) d. Sell their shares which will allow them both to access the LCGE (life-time capital gains exemption) and avoid paying any capital gains taxes