Martha purchased 10,000 common shares in 2010 of SENEDGE INC, a CCPC at $12 per share. Martha gifts her husband 5000 shares and her 14 year old daughter 5000 common shares in 2012, when the common share FMV was $13.

Near the end of Dec 2015, SENEDGE INC gave out dividends $1 for each share. The husband and daughter both sell all their shares in 2016 at $16

Determine the taxable income to each individual for each case, write nil if zero

A)Common shares gifted

B)Dividends received 2015

C)Shares sold at 2016

A)MarthaHusbandDaughter

B)

C)