Bob sold a capital property on December 31, 2020 for $300,000. $280,000 is payable on December 31, 2021, and the balance was paid immediately in cash. The adjusted cost base of the property was $170,000 and the selling costs totaled $10,000. Which one of the following amounts represents the minimum taxable capital gain in 2020?

a)

$4,000

b)

$10,000.

c)

$12,000.

d)

$24,000

7) Charam and Baka each have income of over $200,000. During the year, they paid a nanny $20,000 to care for their three children. Divya, age 5, has no income. Elina, age 10 is disabled and eligible for the disability tax credit. Hinda is 12 and has income of $25,000 which he earns from a TV acting job

What is the maximum deduction for child care costs for this family?.

a)

$18,000

b)

$19,000

c)

$24,000

d)

$22,000

which one is correct?