Question pertains to Canadian tax 2018.

John Bolton owns 5,000 shares of Marker Manufacturing Ltd., a Canadian public company. These shares were purchased three years ago, at a price of $45 per share. They are currently trading at $105 per share John is planning to transfer these shares to his 35 year old brother, Alex Bolton, who will immediately sell them at their fair market value of $105 per share. John is considering four alternatives for the transfer: A. The 5,000 shares are sold to Alex Bolton at a price of $75 per share B. The 5,000 shares are sold to Alex Bolton at a price of $125 per share C. The 5,000 shares are sold to Alex Bolton at a price of $105 per share. D. The 5,000 shares are given to Alex Bolton as a gift. Required: For each of these four alternatives, determine the effect on Net Income for Tax Purposes of John Bolton and Alex Bolton for the current year. Include in your solution the adjusted cost base that will apply for Alex Bolton