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Three close friends; Larry, Curly, and Moe; invested $ 1 0 0 , 0 0 0 in different ways on January 1 , of the

Three close friends; Larry, Curly, and Moe; invested $100,000 in different ways on January 1, of the current year. The
following are their respective investment choices.
Larry invested in corporate bonds paying 4% per year.
Curly invested in preferred shares that sold for $100 per share and paid an annual dividend of $4 per share.
These dividends are considered eligible dividends.
Moe bought a rental property for $250,000( $50,000 for the land and $200,000 for the building) and some
furniture and appliances for the property costing $10,000. The following represents the rental income and
expenses earned by Moe.
Each person is in the pays 15% federal taxes and 10% provincial taxes. The provincial dividend tax credit is 35%.
Required: Compete the following tables.
Rental Income:
CCA:
Complete the tables for canadian tax
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