report for the year 2023. Q4. On August 01.2023, Cindy received a company car (passenger vehicle) from BW LId. her employer. For the BW Ltd. to purchase the car that Cindy wants, they with have to pay $38,000, including sales tax. If the car is leased, the monthly lease cost will be $1,000. including the sales tax. In either case, BW Lid. wil pay all of month of which 400km per Cindy anticipates that she will drive the car will be for employment purposes. Required: (6 Marks) Determine the amount to be included in Cindy's employment income for the 2023 year (show calculations): a) If BW Ltd. purchases the car, and b) If BW Ltd. leases the car. Q5. Joe, an individual and a Canadian taxpayer, invested in a plece of land in the year 2018, when real estate prices were rising in his area, and land values were expected to double within five years. The land remained vacant and was only used in 2021 when Joe was approached by a businessman to rent the land for two weeks for a local carnival for a fee of $1,000. It is now 2023 and Joe has been oflered a local newspaper response to an advertisement he placed in Required: (4 Marks) Based on Joe's primary intention for the land, determine the income tax treatment of the profit on the sale. (Provide your rationale to support your answer)