Luke received $50,000$ from his dad. He wants to invest this money in common shares in a public company. On January $1,2023,$ these shares are selling for $$10$ each and he bought all of the shares using the money he received. The company pays an annual dividend of$$0\mathrm{.}05/$share$.$

Required:

What will Luke's taxable income from these shares for the year $2023$ be$?$

If Luke purchased shares from a Canadian Controlled Private Corporation, what would the taxable income be$?$