Family SituationRichard and Beryl Edwards are married. Richard was born on January 1st and is 58 years old; Beryl is 56years old. The couple has been married for seven years.Initially, they lived in the house that Richard had owned for the past 12 years. However, two years ago,Richard sold his house as he was finding it too difficult to maintain the property. Since that time, thecouple has rented an apartment.Richard was born in England and immigrated to Canada with his family when he was 14 years old. At age20, he returned to England where he lived for 13 years before moving to Canada permanently.Richard has a 19-year old daughter named Susan from a previous marriage. Susan is a full-time studentcommitted to a long-term education plan: she will complete a four-year undergraduate universityprogram followed by a three-year law program. Her plans will not change regardless of what events maytake place in her life outside of school.For Beryl, this is also her second marriage. She has a 15-year old son named Roger from her previousrelationship who lives with his father. Following the divorce from her first husband, Beryl has been payingcourt-ordered alimony payments of $6,000 per year. She was also required to pay $9,000 in child supportpayments until Roger reaches the age of majority.EmploymentRichard is an engineer for Power Windows Inc. He was hired by the firm when he was 33 years and sixmonths of age. This year his salary will be $85,000.Beryl has worked as a medical technologist for Vital Signs Inc. for the past six years. Based on the medicalresearch she conducts, she also works part-time as a self-employed medical consultant.Prior to being hired by Vital Signs Inc., Beryl worked for Natural Science Labs for 22 years starting heremployment in 1985. She became eligible to join the RPP sponsored by Natural Science in 1987.Richard's Registered Pension PlanRichard is a member of Power Windows' defined benefit registered pension plan. He joined the plan onJuly 1st when he was 35 years and six months of agetwo years after he was hired by the company. Thenormal retirement age for an employee of Power Windows Inc. is age 65. The company's RPP has analternate qualifying factor of 85.The plan is integrated with the Canada Pension Plan (CPP) as follows: on earnings up to the yearlymaximum pensionable earnings (YMPE), the contribution rate is 9.3%; on earnings in excess of the YMPE,the contribution rate is 10.9%.The RPP is a best-earnings plan where a 2% unit percentage is applied to the average of the best five yearsof pensionable service. Assume the money purchase limit when Richard retires will be $30,000. Beryl's Registered Pension PlanBeryl's employer, Vital Signs Inc., offers its employees membership in a defined benefit pension plan. It isa contributory plan where employees contribute 5% of their salary. Pension benefits are based on 1.5%of the employee's average earnings over their career.When Beryl was hired, she had to wait two years before she became eligible to join the RPP. The normalretirement age under Beryl's plan is age 65.Beryl's Registered Retirement Savings Plan and Other AssetsBeryl has a self-directed RRSP to which she only recently has begun making regular contributions. Theplan has a market value of $89,000. She failed to maximize her contributions in previous years andconsequently, she has accumulated a carry forward of $36,000. Assume the RRSP contribution limit forthis year is $27,830.Beryl has 100% ownership of a townhouse which she has rented out for the past ten years. This is aproperty that she purchased before she met Richard and it has always been used as a rental propertyshehas never occupied it as her principal residence.Canada Pension Plan (CPP)Richard's CPP contributory period began when he immigrated to Canada at age 33. There have been nointerruptions to his CPP contributions during his contributory period.The year's maximum pensionable earnings (YMPE) is $64,900, the years basic exemption is $3,50 and theemployer and employee contribution combined rate is 11.40%.The fixed or flat-rate monthly CPP disability amount is $510.85; the maximum monthly disability benefitis $1,413.66. The maximum monthly CPP retirement benefit to which Richard would be entitled based onhis contributions to this point is $604.63.The flat-rate monthly CPP survivor's pension amount is $199.31 for a spouse of a deceased contributorunder age 65. if he had died instantly at the time of his accident, who would be eligible for survivor benefits? How muchwould Beryl be eligible to receive