K You are a CPA working in the tax group of a medium-sized accounting firm, Smith & Ross LLP. This morning, the partner of the tax group approached you regarding new clients, Camille and Tabib Cullen Camille is a 50-year-old pharmacologist living in Victoria, BC Tabib, aged 55, is a partner at a large law firm in Victoria Tabib and Camille have two children who are currently attending elementary school in Victona. Tabib and Camille are starting to look forward to retirement and would like professional advice in effectively planning for their retirement The partner would like you to calculate Camille and Tabib's Registered Retirement Savings Plan (RRSP) contribution room for the current year, 2022, since this information will assist in the Cullens' retirement planning. The tax partner provides you with the Cullens' client file, which includes the Cullens' tax returns from 2021, as well as notes prepared by the partner's administrative assistant after his first meeting with the couple. The file and notes contain the following information. View Part 1 of the additional information View Part 2 of the additional information. Required 4 Requirement 1. Complete the partner's request and calculate the RRSP contribution room for both Camille and Tabib in 2022 The RRSP contribution limit in 2022 is $29,210. Contribution room for Camille: Contribution room for Tabib:

Part 1 of additional information - Camille was previously married. According to her divorce agreement, she must make monthly payments for the maintenance of her former spouse of $900. Camille indicated that she has always made all required spousal support payments - A copy of Camillo's T4 slip for 2021 shows gross salary of $63,500 From this amount, the employer witheld the following amounts. - Income tax $15,500 - CPP maximum for the year (see the Tax Rate sheet) - El maximum for the year (seo the Tax Rate shoet) - Registered Pension Plan (RPP) $1,500 - Pension Adjustment $3,600 - Other relevant information from Camille's tax return for 2021 is shown below. - Actual amount of esigble dividends: $2,500 - Interest income $3,600 - Unused RRSP deduction room at the end of 2021.$5,300 - A copy of Tabib's statement of partnership income from the prevous year shows that his income earned as an active partner was $310,000. Tabb's law firm does not provide pension plans for its parthers - Tabib owns a rental properfy and reported a not rental loss of $3,600 on his 2021 tax return. - Tabib owns some farm land in Alberta There is an oil woll located on this land, and Tabib recelyes some resource royalty income ench year in 2021, Tabib earnod royalty income of Part 2 of additional information The following day, the tax partner informs you that the Cullens have indicated that they have made the following contributions to various RRSP accounts during 2022. - On March 20, Tabib made a \$15,000 contribution to his RRSP account at TD Bank - On July 3, Tabib made a $5,500 contribution to a spousal RRSP account for Camille at Royal Bank. - On November 12, Tabib made a \$3,500 contribution to an RRSP account in his own name at TD Bank - On September 3, Camille made a $6,000 contribution to an RRSP account in fier own name at Scotiabank. Part 1 of additional information - Income tax. \$15,500 - CPP. maximum for the year (see the Tax Rate sheet) - El: maximum for the year (see the Tax Rate sheet) - Registered Pension Plan (RPP) $1,500 - Pension Adjustment: $3,600 - Other relevant information from Camille's tax return for 2021 is shown below. - Actual amount of eligible dividends: $2,500 - Interest income: $3,600 - Unused RRSP deduction room at the end of 2021: $5,300 - A copy of Tabib's statement of partnership income from the previous year shows that his income earned as an active partner was $310,000. Tabib's law firm does not provide pension plans for its partners. - Tabib owns a rental property and reported a net rental loss of $3,600 on his 2021 tax return - Tabib owns some farm land in Alberta. There is an oil well located on this land, and Tabib receives some resource royalty income each year in 2021 Tabib earned royalty income of $6,550 - Other relevant information from Tabib's 2021 tax return - Actual amount of ineligible dividends $12,300 - Interest income $8,400 - Unused RRSP deduction room at the end of 2021:$900 the cosple the tile and notes conthen the losicowing inthrmaton Penumed Contribution coon for Camilie: Contributep ream for Jabio Part 1 of additional information - Camille was previously married. According to her divorce agreement, she must make monthly payments for the maintenance of her former spouse of $900. Camille indicated that she has always made all required spousal support payments - A copy of Camillo's T4 slip for 2021 shows gross salary of $63,500 From this amount, the employer witheld the following amounts. - Income tax $15,500 - CPP maximum for the year (see the Tax Rate sheet) - El maximum for the year (seo the Tax Rate shoet) - Registered Pension Plan (RPP) $1,500 - Pension Adjustment $3,600 - Other relevant information from Camille's tax return for 2021 is shown below. - Actual amount of esigble dividends: $2,500 - Interest income $3,600 - Unused RRSP deduction room at the end of 2021.$5,300 - A copy of Tabib's statement of partnership income from the prevous year shows that his income earned as an active partner was $310,000. Tabb's law firm does not provide pension plans for its parthers - Tabib owns a rental properfy and reported a not rental loss of $3,600 on his 2021 tax return. - Tabib owns some farm land in Alberta There is an oil woll located on this land, and Tabib recelyes some resource royalty income ench year in 2021, Tabib earnod royalty income of Part 2 of additional information The following day, the tax partner informs you that the Cullens have indicated that they have made the following contributions to various RRSP accounts during 2022. - On March 20, Tabib made a \$15,000 contribution to his RRSP account at TD Bank - On July 3, Tabib made a $5,500 contribution to a spousal RRSP account for Camille at Royal Bank. - On November 12, Tabib made a \$3,500 contribution to an RRSP account in his own name at TD Bank - On September 3, Camille made a $6,000 contribution to an RRSP account in fier own name at Scotiabank. Part 1 of additional information - Income tax. \$15,500 - CPP. maximum for the year (see the Tax Rate sheet) - El: maximum for the year (see the Tax Rate sheet) - Registered Pension Plan (RPP) $1,500 - Pension Adjustment: $3,600 - Other relevant information from Camille's tax return for 2021 is shown below. - Actual amount of eligible dividends: $2,500 - Interest income: $3,600 - Unused RRSP deduction room at the end of 2021: $5,300 - A copy of Tabib's statement of partnership income from the previous year shows that his income earned as an active partner was $310,000. Tabib's law firm does not provide pension plans for its partners. - Tabib owns a rental property and reported a net rental loss of $3,600 on his 2021 tax return - Tabib owns some farm land in Alberta. There is an oil well located on this land, and Tabib receives some resource royalty income each year in 2021 Tabib earned royalty income of $6,550 - Other relevant information from Tabib's 2021 tax return - Actual amount of ineligible dividends $12,300 - Interest income $8,400 - Unused RRSP deduction room at the end of 2021:$900 the cosple the tile and notes conthen the losicowing inthrmaton Penumed Contribution coon for Camilie: Contributep ream for Jabio