Lynne and Glen plan to purchase their first home in a year's time. They have been saving $400 a month for the last 3 years and investing that money in GICs in their TFSA at a rate of 2%, compounded semi-annually. They also plan to draw down the maximum from both of their RRSPS under the Home Buyers' Plan. They estimate acquisition costs will amount to $15,000. If they want to avoid mortgage insurance costs, what is the most they could pay for a house? (Hint: Confirm the maximum drawdown from the HBP in 2019.) a) $279,190 b) $306,774 c) $349,130 d) $402,923 TABLE E Home Buyer's Plan (HBP) Withdrawals made after March 19, 2019 Withdrawals made prior to March 19, 2019 Withdraw up to $35,000 per borrower and up to $70,000 per couple. 15 years to pay back the amount withdrawn . Withdraw up to $25,000 per borrower and up to $50,000 per couple. 15 years to pay back the amount withdrawn TADICE