Carl owns $100\%$ of the issued shares of Compunet. He incorporated Compunet earlier this year to provide computer consulting services to Vitamins Inc., a retailer of energy$-$producing vitamins. Prior to the incorporation of Compunet, Carl headed the computer service division of Vitamins Inc. One hundred per cent of the issued shares of Vitamins Inc. are owned by Carls cousin, Vince. Carls daughter, Sulee, received a degree in computer science from the University of Toronto in April and has been employed by Compunet as a computer consultant since then. Sulee and Carl work well together. They are the only employees of Compunet. Compunet owns a warehouse. One$-$half of the warehouse is rented to Vitamins Inc. and the remainder is rented to Mindblasters, a wholly owned subsidiary of Compunet. Mindblasters is a successful retailer of computer games.During the current year, Compunet received taxable dividends from Mindblasters and paid taxable dividends to Carl.