Question: please help me atlon 61 A client originally deposits $200,000, it resets 5 years later at $240,000, and then he redeems tho segregated tund 10

please help me please help me atlon 61 A client originally deposits $200,000, it resets

atlon 61 A client originally deposits $200,000, it resets 5 years later at $240,000, and then he redeems tho segregated tund 10 years after the purchase date, when the market value is $220,000. Assuming a 100% guarantee, what are the pending tax consequences? yel word -ked out of estion Select one: a. A capital loss of $20,000 O b. A capital gain of $20,000 from market value and income of $20,000 from the matunty guarantee. c. A capital gain of $40,000 Od. A capital gain of $40,000 partially offset by a capital loss of $20,000. estion 62 An investor borrowed $10,000 for his 2019 RRSP contribution. His interest charges were $400 for the yoar. In addition, his RRSP had an annual admin fee of $200. In total, the interest and admin expenditures would reduce his taxable income by: arked out of 0 Flag estion Select one: a. $600 b. $200 c. $400 O d. $0

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