On July 1, 2020, AI E Gator transferred shares with a fair market value (FMV) of $300,000 to a newly created inter vivos trust Al's 40 year old son, Barry D. Hatchett, is the only beneficiary. Als adjusted cost base (ACB) for these shares was $170,000 Towards the end of 2020, the trust receives eligible dividends on the shares of $21,000. All of these dividends are distributed to Barry What are the tax consequences of these transactions to Al, the Trust, and Barry? O Al will report a taxable capital gain of 565,000. The trust will report dividends received of $21,000 which must be grossed up and will claim the dividend tax credit. There will be no tax consequences for Barry. O None of the other options O Al will report a taxable capital gain of 565,000. The trust will have no income. Barry will report dividends received of $21,000 which must be grossed up and Barry will claim the dividend tax credit. The trust will have no income. Barry will report dividends received of $21,000 which must be grossed up and Barry will claim the dividend tax credit. There will be no tax consequences for Al. The trust will report dividends received of $21,000 and will claim the dividend tax credit. There will be no tax consequences for Alor Barry