Exercise 04-07 On October 1 of the current year, C's e... On October 1 of the current year, C's employer provided him with the use of a car. The car was leased for a monthly cost of $850 (including tax). The employer will also pay for the operating expenses that are expected to be $2,500 annually. C will drive the car 1800 km per month of which 800 km will be for employment purposes. What amount is included in C's employment income for tax purposes in the current year? Exercise 04-10 F is employed by a public corporation. In ye... Fis employed by a public corporation. In year 1, F was granted a stock option to acquire 4,000 shares from the treasury of her employer's corporation for $11 a share. At the time of receiving the option, the shares were valued at $13 per share. In year 3, F exercised the option and purchased 4,000 shares for $44,000. At the purchase date in year 3, the shares were valued at $12 per share. In year 5. F sold 4,000 shares for $17 per share. What amount is included in F's employment income for tax purposes in year 3? Exercise 04-12 F is employed by a public corporation. In ye... Fis employed by a public corporation. In year 1, F was granted a stock option to acquire 3,000 shares from the treasury of her employer's corporation for $10 a share. At the time of receiving the option, the shares were valued at $12 per share. In year 4, F exercised her option and purchased 3,000 shares for $30,000. At the purchase date, the shares were valued at $13 per share. In year 6, F sold 3,000 shares for $18 per share. What amount is included in F's overall net income for tax purposes in year 6? Exercise 04-13 G is employed by a Canadian-controlled priva... Gis employed by a Canadian-controlled private corporation. In year 1, G was granted a stock option to acquire 2,000 shares from the treasury of his employer's corporation for $9 a share. At the time of receiving the option, the shares were valued at $11 per share. In year 3, G exercised his option and purchased 2,000 shares for $18,000. At the purchase date in year 3, the shares were valued at $14 per share. In year 5, G sold 2,000 shares for $19 per share. What amount is included in G's employment income for tax purposes in year 3? Exercise 04-16 G is employed by a Canadian-controlled priva... Gis employed by a Canadian-controlled private corporation. In year 1, G was granted a stock option to acquire 2,000 shares from the treasury of his employer's corporation for $9 a share. At the time of receiving the option, the shares were valued at $11 per share. In year 3, G exercised his option and purchased 2,000 shares for $18,000. At the purchase date in year 3, the shares were valued at $14 per share. In year 6, G sold 2,000 shares for $19 per share. What amount is included in G's overall taxable income in year 6? $10000