met can contain viruses. Unless you need to edit it's safer to stay in Protected View. Enable Editing Question #4 - ( /11 Marks) On March 1, 20X1, Notes Inc. purchased a two-year guaranteed investment certificate (GIC) for $15,000. The interest compounds annually at 8%, and will be received at the end of the full term. Notes Inc. has a marginal tax rate of 30%, which will increase to 34% in 20X2. Notes Inc. Has a December 31 year end. Angela Major also invested $15,000 in a GIC with an 8% annual return, on March 1, 20X1. Angela's marginal tax rate in 20X1 is 40%, which is expected to rise to 45% in 20X3. (Assume there are no leap years in this time period.) Required: Calculate the amount of interest income to be included into income for each year for Notes Inc. and for Angela. (Round all numbers.)