On January 1, 2019, Brock Ltd.(BL), a public corporation listed on TSX, granted its president, Adam Smith (AS), an option to acquire 1,000 of its shares for $8 per share. The fair market value (FMV) per share on the grant date was $13. On July 1, 2019, when the FMV per share was $18, Adam exercised his option and acquired the 1,000 shares. BL lent Adam $8,000 on July 1, 2019 so that he could exercise his option to acquire those shares. The terms of the loan to AS were: the $8,000 principal and interest at the rate of 2% per annum are payable on July 1, 2020. Assume the prescribed interest rates for 2019 are: January 1 - June 30 (181 days) - 5% July 1 - September 30 (92 days) - 3% October 1 - December 31 (92 days) - 5% Required: answer the following questions by entering numbers only (e.g. 10000 or -10000) in the space provided. Enter "0" if the benefit is not included in the taxpayer's income for the year. Do not round interim numbers, and round the final results to the nearest dollar. What is the amount of stock options benefit to Adam in 2019? 5000 What is the amount of interest benefit that should be included in income under 6(9)? 199.67 Throughout 2019, ProbTwenty Ltd. (PTL), paid Linda a monthly gas allowance of $264 regardless of the number of kilometers (kms) she drove. In addition, she was provided with a company-owned car costing $38,600 (including HST) at the beginning of January. Linda's kms for personal use were 15,000 out of a total of 25,000 kms. Operating costs paid (excluding gas) by PTL during 2019 amounted to $3,391, including insurance of $602 plus HST. Required: answer the following questions by entering numbers only (e.g. 10000 or -10000) in the space provided. Enter "O" if the benefit is not included in Linda's employment income for the year. Do not round interim numbers, and round the final results to the nearest dollar. 1. What is the amount of taxable benefit that should be included in Linda's employment income under 6(1)(b)? 2. What is the amount of taxable benefit should be included in Linda's employment income under 6(1)(e)? 929.48 3. What is the amount of taxable benefit should be included in Linda's employment income under 6(1)(k)? 464.74