Question: Please show how to solve this question. The answer is 100. Please do not send an already posted answer to a similar question, I checked

Please show how to solve this question. The answer is 100. Please do not send an already posted answer to a similar question, I checked and none of them are like this one. Thanks.

You have invested in a Canadian Real Estate Investment Trust (REIT) by holding 100 of its units in your Tax Free Savings Account (TFSA). Employment income that you receive is taxed at a rate of 46% and dividend income that you receive is taxed at a rate of 33%. Assume Canadian corporations are taxed at a rate of 35%. If the REIT has business income before tax of $1 per unit and pays all income to unit holders, how much is left in your TFSA after all required taxes are paid?

a. $36.18

b. $54

c. $65

d. $67

e. $100

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