each) in AnyLake, ON, located at 123 Beach Lane. They had purchased the cottage back in 2007 at a cost of $75,000. They sold the cottage to a friend on June 15, 2017 for $100,000 cash. All transaction costs were borne by the purchaser. James and Susan do not want to designate the cottage as their principal residence because they feel their current home has a much greater accrued gain and want to preserve the principal residence tax exemption for that property instead. James enrolled in a highly specialized mechanics course with his local college. This is a 2-year program that James takes part-time to keep up with the work in his shop. James paid tuition fees of $7,500, as per the form T2202A sent by the college for the courses he took during 2017. Also, according to that form, James was in part-time studies for six months during the year 201?. James wants to claim the maximum credit he can this year and carry over any unused balance. James contributed $20,000 into his own RRSP on September 1, 201?. James wants to deduct the maximum amount of his contributions this year. His unused RRSP Deduction Room at the end of 2016 was $7,500 and his Earned income for 2016 (his last year of work with the Armed Forces) was $125,000. He had a Pension Adjustment of $11,000 for 2016. Susan also contributed $10,000 to her own RRSP on the same date. Her unused RRSP Deduction Room at the end of 2016 was $5,500 and her Earned Income for 2015 was $15,000. She had no Pension Adjustment for 2016. While taiking with James, you discovered that as a former member of the Canadian Armed Forces he remains on call for high-risk search and rescue missions. During the year 2017, James worked 275 hours as a volunteer on search and rescue missions for which he did not receive any compensation. James made charitable contributions of $2,000 during 201? to the Canadian Cancer Society. Last time James or Susan made any charitabie donations goes back to 2008. James also paid the following medicai expenses for the year 2017: Date Patient Nature expense Amount June 1, 201? James Chiropractor $ 700 June 5, 201? Susan Prescriptions $ 800 Dec.20, 201? Susan Prescriptions $ 700 Every 2 months Rick Prescriptions ($500 ea.) $3,000 TOTAL medical expenses for 201?r $5,200 Finally, James paid federal income tax instalments of $5,000 quarterly to the CRA throughout the year 2017, for a total of $20,000