You are contemplating making an investment with your saving and you would like to make the best investment possible. Required: Given below are 5 separate investment opportunities. You will make the investment on January 1, 2021. Calculate the after tax income you would receive from each investment. You can ignore the provincial income taxes. Show all calculations. Amount of funds available for investment Marginal tax bracket Interest Rate on High Interest Saving Account a) Investment option #1 is to put the funds in a high interest saving account (non-registered account) at your local bank Eligible Dividends would be received in the amount of b) Investment option #2 is to invest in shares from a Canadian Company in a Non-Registered Account. $54,000 Non-eligible Dividends would be received in the amount of 26.0% c) Investment option #3 is to invest in shares from a Canadian Company in a Non-Registered Account. Interest Rate on the bonds are e) Investment option #5 is to invest in an offshore account in Hong Kong. Dividend received from Hong Kong in Canadian dollars 4% d) Investment option #4 is to invest in Bonds inside a TFSA (assume you have sufficient TSFA room to make this investment) This amount is net of a 5% withholding tax paid to the Hong Kong government. $2,160 $2,160 4% $2,160