On January 1, 2022, Miss Heather Plant receives a $50,000 cheque from an attorney representing the estate of her recently deceased aunt, Mildred. The money was bequeathed by Miss Plants aunt without any conditions and is not subject to any income tax at the time that it is received. In anticipation of this bequest, Miss Plant has purchased a condominium that will be available for occupancy on January 1, 2023. As she has no need for the $50,000 until the condominium becomes available, she would like to invest the funds for the 2022 taxation year. She is considering the following two alternatives for an investment to be made January 1, 2022: Investment of the full $50,000 in a guaranteed investment certificate (GIC) that will pay annual interest at the rate of 6%. Investment of the full $50,000 in 1,000 common shares of a Canadian public company that is selling for 450 per share on January 1, 2022. The shares pay an annual eligible dividend of $1 per share. In addition, Miss Plant is advised that the value of the shares is expected to increase to $55 by December 31, 2022. Miss Plant has sufficient employment income that she is in the 29% federal income tax bracket and the 14% provincial income tax bracket. The provincial dividend tax credit on eligible dividends is equal to 25% of the gross up. Required: Determine the after tax amounts that would be retained by Miss Plant for each of the two alternative investments on the assumption that the eligible dividends of $1 per share are paid in 2022 and that the share price rises to $55 at the time she sells the shares at the end of the year.