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Question 3A) Jerry Mandering is a retired politician, a in 2001 is in the top marginal tax bracket in Ontario (combined federal & provincial rate

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Question 3A) Jerry Mandering is a retired politician, a in 2001 is in the top marginal tax bracket in Ontario (combined federal & provincial rate of 53.53%). He owns 3,111 shares of CSX Corsa railroad stock that trades on the New York Stock ex ange. Each share has an ACB of $99, and the FMV is $347 (all amounts Canadian dollars). What minimum amount of shares will he havi) sell so that he has just enough after-tax cash to purchase an antique car, a 1932 Packard? (pictured below)? The purchase [ .ce of we Packard will be $350.000. (4 marks)

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