Homer and Joan have been married for 30 years and both are age 60. They both worked for 40 years and have the same number of years of contribution to CPP. Homer's CPP pension entitlement is $300 per month and Joan's CPP pension entitlement is $500 per month. They would like to assign their CPP entitlement to help equalize their retirement income. What is their respective CPP pension after the assignment. Question content area bottom Part 1 A. Homer's monthly CPP will be $450 and Joan's monthly CPP will be $350. B. Homer's monthly CPP will be $300 and Joan's monthly CPP will be $500. C. Homer's monthly CPP will be $400 and Joan's monthly CPP will be $400. D. Homer's monthly CPP will be $375 and Joan's monthly CPP will be $425