Mr. Armstrong has provided you with the below informaiton. Please determine Mr. Armstrongs net income for tax purposes (Division B income) in 2021 as a result of the information. Show all of your calculations and necessary explanations.

On December 5th, 2021, he sold 100 shares of the CCPC, for $30 per share. The trading history of the CCPCs shares are listed below (round the stock price per share to the nearest integer in the calculation):

May 24, 2015 purchased 300 shares @ $26 per share

June 20, 2016 purchased 150 shares @ $29 per share

June 9, 2017 sold 200 shares @ $15 per share

July 5, 2017 purchased 150 shares @ $12 per share

June 3, 2019 purchased 100 shares @ $18 per share

Apr. 19, 2020 received a 5% stock dividend with each share received having a paid-up capital value of $20