Mrs$.$ Yacumflastor, who is $68$ years old, has correctly computed the following separate amounts in respect of income for tax purposes in $2023$ for both her and her husband, who is $66$ years

old. $($Amounts in brackets reflect losses or expenditures.$)$

During $2023,$ she made donations to registered charities of $$17,000$ and incurred medical expenses for herself and her husband of $$4,000.$ Mrs Yacumflastor makes donations on a regular

basis each calendar year.

Required:

$($a$)$ Calculate Mrs$.$ Yacumflastor's taxable income and federal taxes payable for $2023$ without electing under subsection $82(3)$ in respect of her husband's dividends. Assume that the taxable

dividends of the Canadian source dividend CCPC was from active business income taxed at the low corporate rate. $(37$ minutes$)$

$($b$)$ Determine whether Mrs$.$ Yacumflastor should elect under subsection $82(3).$

$(9$ minutes$)$

Show all calculations whether or not necessary to the final answer.