Teoscar Hernandez, who turned 18 in 2007, opened up a tax-free savings account (TFSA) in 2009. From 2009 up to and including 2021, Teoscar contributed the maximum amount allowable to his TFSA (which amounted to $75,500). In November 2021, Teoscar withdrew $100,000 from his TFSA which included his contributions of $75,500 plus growth of $24,500. Which one of the following statements is true? Teoscar will have to include the $100,000 withdrawal in income on his 2021 personal income tax return Teoscar will have to include the $75,500 withdrawal of contributions in income on his 2021 personal income tax return. Teoscar will have to include the $24,500 withdrawal of growth in income on his 2021 personal income tax return. No amount of the withdrawal has to be included in income on Teoscar's personal income tax return. QUESTION 2 Hyun-Jin Ryu had earned income of $95,000 in 2020. At the end of 2020, Hyun-Jin had unused RRSP contribution room carried forward of $12,000. Hyun-Jin's pension adjustment found on his 2020 T4 was $5,000. Based on this information, what is Hyun-Jin Ryu's maximum deductible RRSP contribution limit for the 2021 taxation year? $0 $12,000 O $24,100 $27,830