QUESTION 7 Vladimir Guerrero Jr. has provided you with the following select information from his 2021 personal Income tax return; Employment income (line 10100) 10,000 Total income (line 15000) 10,000 Net Income (line 23600) 9,980 Taxable income (line 26000) 9,980 Net federal tax (line 42000) 0 Provincial tax (line 42800) 0 Taxes payable (line 43500) 0 The following information relates to the employment income received: Gross pay received Less: CPP withheld from paycheques Less: El withheld from paycheques Less: income taxes withheld from paycheques Net pay received 10,000 (341) (158) (750) 8,751 Vladimir did not have any overpayments of CPP and El for 2021. Using the above information, calculate Vladimir Guerrero's income tax refund or balance due on his 2021 personal income tax return. (Hint: slides 36, 37, 41 and 42 from the chapter 10 lecture will greatly assist you with this question). A refund of $499 O A refund of $750 A balance owing of $1,249 A balance owing of $8,751