Dr$.$ Sandra Bolt is an extremely successful physician in Halifax, Nova Scotia. She is married to Tod Bolt and has two children. On December $31,2023,$ her son, Dirk, is $20$ years old and her daughter, Dolly, is $15$ years old. Each of the children earns about $$10,000$ per year in income from part$-$time acting employment. Tod has been a stay$-$at$-$home dad for the past $10$ years. As a consequence, his only current income is the interest on $$335,000$ that he has in his personal savings account. This interest amounts to about $$20,000$ per year and all of the savings were accumulated from amounts that he earned while working as a professional accountant.On December $28,2023,$ Sandra owns shares in a Canadian public company that have an ACB of $$185,000$ and a FMV of $$225,000.$ She is considering transferring these shares to either Tod or to one of her two children. She seeks your advice as to the income tax consequences, both to herself and to the transferee, that would result from the transfer.During your discussions, Sandra has indicated the following: The transfer will take place on December $31,2023.$ Any consideration she receives from her family on the share transfer will not be invested in income producing property. She wishes you to assume that the shares would pay eligible dividends in $2024$ of $$18,500$ and that the transferee will sell the shares in January $2025$ for $$260,000.$ Required: Each of the following independent cases involves a transfer by Sandra to a member of her family. Indicate, for both Sandra and the transferee family member, the $2023,2024,$ and $2025$ income tax consequences of: a transfer on December $31,2023$;the receipt of the dividends in $2024$; and the disposition by the transferee in $2025.$Note that some of the cases have been included to illustrate specific provisions of the rel$-$evant legislation and do not necessarily represent a reasonable course of action on the part of Sandra.Case A Sandra gifts the shares to Tod and does not elect to avoid the ITA $73(1)$ rollover.Case B Tod uses money from his savings account to purchase the shares from Sandra for their FMV of $$225,000.$ Sandra does not elect to avoid the ITA $73(1)$ rollover.Case C Tod uses money from his savings account to purchase the shares for their FMV of $$225,000.$ Sandra elects to avoid the ITA $73(1)$ rollover.Case D Tod uses money from his savings account to purchase the shares for $$140,000.$ Sandra does not elect to avoid the ITA $73(1)$ rollover. Case E Tod uses money from his savings account to purchase the shares for $$140,000.$ Sandra elects to avoid the ITA $73(1)$ rollover.Case F Sandra gifts the shares to her daughter, Dolly.Case G Sandra provides her daughter, Dolly, with a $$225,000$ loan. The loan will include interest at market rates that exceed the prescribed interest rate in the ITA. Dolly uses the loan proceeds to purchase her mothers shares at their FMV of $$225,000.$ Sandra believes that the combination of dividends on the shares together with Dollys income from part$-$time employment will be suffcient to pay the interest on the loan.Case H Sandra provides her son, Dirk, with a $$225,000$ interest$-$free loan. Dirk uses the loan proceeds to purchase his mothers shares at their FMV of $$225,000.$