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Would you kindly give this the time (Urgent) QUESTION 19 10 points Save Answer In 2020, Gael Villeneuve was transferred by COOL Co. to run

Would you kindly give this the time (Urgent)

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QUESTION 19 10 points Save Answer In 2020, Gael Villeneuve was transferred by COOL Co. to run a small branch of the company. Gael moved 2874 kilometers from Big-city to Small-town to take on the new position. Gael began the new job on October 1 S. The new position pays $5, 100 per month which is an increase from $4,500 at the former position. Gael has provided you with the following information pertaining to the moving costs: Legal fees on purchase of new home $3,000 Payment to a national moving company for the cost of the move 16,000 Payment to the moving company for container storage until Gael was able to take possession of the new home 1,000 Commission fees on sale of Big-city home 10,000 21 days accommodations at a hotel in Small-town 2, 100 Meals for Gael, Gael's spouse, and their child, on the two-day trip from Big-City to Small-town. 200 Gas receipts for the two-day trip. (Assume CRA vehicle rates are 55 cents/km for the province of origin and 45 cents/km for the 450 province of destination.) Gael received a reimbursement of $15,000 from COOL Co. to assist with the moving expenses. Required: A. Calculate the maximum amount of moving expenses that Gael can deduct on the 2020 tax return. B. Will the moving expenses have any effect on Gael's 2021 tax return? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)

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