Early in 2019, Ms. Dickson bought $100,000 of common shares in a public company with an annual dividend of $3,000. Ms. Dickson would like to transfer these shares to her husband or possibly to her 16-year-old daughter. At the present time, the fair market value of the shares is $160,000. Required: You are required to use your own words in your response** (A)What are the income tax implications for Ms. Dickson and her husband, if the shares are gifted to her husband? (B)What are the income tax implications for Ms. Dickson and her husband if Ms. Dickson lends him the money to purchase the shares from her and he signs an interest-bearing promissory demand note as evidence of the loan? (C) What are the income tax implications for Ms. Dickson and her 16-year-old daughter if Ms. Dickson sells the shares to her daughter for $100, which the daughter has saved from babysitting in the neighbourhood?