Sam passed away on September 10^th 2022. At year-end, Sam's estate representative noted the following:

1. Sam owned shares valued at $250,000, which was initially purchased by Sam for $100,000. The shares will be inherited by Sam's spouse.
2. Sam received a $200 eligible dividend from the shares on May 31^st 2022. There was also a $100 eligible dividend, which was declared on September 5^th, 2022 but will not be paid until December 31^st 2022.
3. Sam owned a rental property that will also be inherited by his daughter. The relevant information is as follows:

	Land	Building
Original Cost	$38,000	$65,000
UCC	N/A	$35,000
FMV on September 10th, 2022	$118,000	$165,000

4. Net rental income received by Sam from January 1 to September 10^th is $5,200.

5. Sam received $22,000 of salary during the year. In addition, he was owed $2,000 of vacation pay which had not yet been paid at the time of his death.

6. Sam received interest on his savings account of $150 on September 8^th 2022. He also owns a bond which have interest payable of $950 which has not yet been received at time of death.

REQUIRED

1. Is Sam's estate representative required to file a tax return on behalf of Sam with respect to the year of his death? Are there any optional tax returns that Sam may be able to file in addition to any mandatory tax return(s)?
2. Calculate the taxable income that Sam would report on any tax returns you listed in part a).