On December 31, 2018, Mrs. Laura Andrade gives shares with an adjusted cost base of $23,000 and a fair market value of $37,000 to her 12 year old daughter, Emma. On February 24, 2019, the shares pay eligible dividends of $2,500 ($3,450 taxable amount) and, on August 31, 2019, Emma sells the shares for $42,000. What are the tax consequences for Mrs. Andrade and Emma in each of the years 2018 and 2019?