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Adam Au-Yeung, the husband is 38 years old and is employed by a Canadian public company, Adam's spouse, Arvie Awung 40 years old and is

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Adam Au-Yeung, the husband is 38 years old and is employed by a Canadian public company, Adam's spouse, Arvie Awung 40 years old and is legally bind. Her Net Income For Tax Purposes is $8.460. Adam's annual salary is $120.268, none of which is commissions for 2020, his employer withheld the manum premiums and CP contbutions. The employer howitheid professional association dues of $2.500 and charitable contributions to the United Way of 2.800. Also withheld were registered pension plan contribution of 105 on his behalt, the employer also made a contribution to the plan of 54,600 Because of his outstanding work during 2020, he has been awarded a $15.000 bonus. The bonus will be paid in 2024 and 2025 to help ensure he stays with the Company As Adam expects to remain at the Company for the rest of his working life, he accepts the delayed payment The. AuYoung family have three children. Information on these children is as follows: Daughter 1 is 23 years old and attends university on a full time basis for 11 months of the year. Adam pays her tuition fees c519,300 along with took outs of fun she lives with Adam and Annie and is in good health. She has investment income of $12.30 The investments were purchased with income from part-time jobs during her high school years Daughter 2 is 19 years old and has serious breathing problems that prevent her from working on a full time basis. She lives with Adam and Annie and hat income from partie jobs of $7.250 Daughter 3 is 17 years old. In good healthy and has income from part time jobs of 57.625. Other Information 1. Adam is provided with an automobile by his employer. The vehicle is uued largely for employment related activity. To milage for 2020 wa 2.000 kilometers with any co of this being personal use. The vehicle is leased by his employer at a rate of $456 per month, including a payment for inwance of 543 per month let den for 10 months during 2020. During the other 2 months, the employer required that it be returned to their garage 2. In 2017. Adam received options to purchase 300 shares of his employer common stock at a price of 572 per share. At the time the options were granted the market price of the stock was $70 per share. In lanuary, 2020, when the shares are trading at $85 per share. Adam exerces of the options Hele holding the shares at the end of the yea 3. During 2020, Adam receives several gifts from his employer As a reward for winning the company's Employee Of The Month Award he receives an expense paid weekend in a boathout the regular price for the packa w RUO As is the case for all of the company's employees. Adam received a $600 gi cortificate for merchandise at a local department store At Christmas the company provides each employee with a basket of gourmet food. The value of this th $450 During 2030. Adam spent 56.400 on employment related meals and entertainment with clients of employer. He employer mbretoties During 2020. Adan and Annie decide to purchase the first family home they have rented for the last 15 yow). After considerable acha they deny the perfect one block trom the red partiment and purchase for 5462.000 Asists employer's polc he is granted a fan of 0.000 the purch the was granted on April 1, 2000 Anume that the prescribed rate is 2 percent throughout 2020 6. During 2020, both Daughter and Daughter had thinoplasty Adam led to pay 2.000 for meg ezers O 4

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