Roger is a new financial planning client of yours and he has provided you with his bank statement for 2019. Your review of Rogers bank statement revealed the following information: Employment income (part-time) $18,500 Net business income $8,700 Net research grant received in the year $3,000 Dividends received from a Canadian Public Corporation 2,200 Tuition fees paid $4,500 Bank interest received $125 Inheritance (from Uncle Paul) $9,000 Taxable spousal support $3,400 Net loss on rental property $1,200 Amount received in the year from Rogers former employer as severance $4,000

REQUIRED: a. Calculate Rogers earned income for the purpose of calculating his RRSP contribution room for 2020. (7 Marks)

b. An investor purchased shares of XYZ Company as follows: 200 in year 1 at $5.50/share, 300 in year 2 at $12.25, and 500 in year 3 at $25.00. She sold 200 shares in year 4 @ $85.25/share

. REQUIRED : Calculate her adjusted cost base. (3 Marks)