Question: 5 7 Gurpreet received $ 1 , 2 0 0 in cash dividends from ABC Corporation. From XYZ Corporation, he received a stock dividend of
Gurpreet received $ in cash dividends from ABC Corporation. From XYZ Corporation, he received a stock dividend of additional shares, each with an assigned value of $ Both ABC and XYZ are Canadiancontrolled private corporations whose entire income is taxed at the small business rate. What amount must Gurpreet report in taxable dividend income for the year?a $ b $ c $d $
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