Joao owns a building with multiple rental units. Joao bought new appliances for five of the rental units at a cost of $7,800 this year. He already had an undepreciated capital cost in class 8 (furniture and appliances) of $22,000 at the start of the year. He sold the old appliances from those units for a total of $1,000. Calculate the CCA for this year? (maximum CCA rate for class 8 is 20%) $5,760 $1,360 $5,080 $4,400 Which of the following will not attribute income back to the taxpayer? 1. Vivek gave $50,000 to his spouse, Maya, and she in turn acquired an interest in a limited partnership. Last year she earned $10,000 of partnership income. 2. Raj loaned $50,000 to his spouse at 1% (CRA prescribed rate), Geeta and she in turned bought Tesla shares and made $400,000 in capital gains ($200,000 in taxable capital gains) 3. Sue bought a bond for $1,500, 2 years ago. Today it is worth $2,000. She sold this to her son Shawn for the same price $2,000 All of the choices 1 only 2 only 2 & 3 Each of the following individuals has made a gift of $10,000 to their 17-year-old minor child. Each of the children invested the money and earned $100 that year. In which of the following cases will the income attribution rules apply? 1. Sarah's son invested in a dividend mutual fund 2. Phil's niece invested in a GIC 3. Tony's daughter invested in Facebook stock and sold the same year All the choices 3 only 0 1 & 2 1 only