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Danning has an RRSP open under her name. During 2020, the RRSP investments earned $50,000 in eligible dividends. Danning sold $140,000 worth of investments and
Danning has an RRSP open under her name. During 2020, the RRSP investments earned $50,000 in eligible dividends. Danning sold $140,000 worth of investments and withdraw the $140,000 in proceeds. The cost of the investments sold was $80,000. What is the impact of these on Dannings income? Question 6 options: $99,000 $69,000 $80,000 $140,000
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