In an off-market share buyback, the deemed consideration is $4.50, the fully-franked dividend component is $2.50, the cost base is $3.00, and the buyback price is $4.20. What are the capital component for tax liability and capital gain, respectively, before TD 2004/22?

Group of answer choices

(a) Capital component: $2.00; Capital gain: -$1.00

(b) Capital component: $2.00; Capital gain: $1.00

(c) Capital component: $1.70; Capital gain: -$1.30

(d) Capital component: $1.70; Capital gain: $1.30

(e) Capital component: $2.00; Capital gain: -$1.30