Question: Question 1 4 ( 1 point ) Mehrdad contributed $ 1 0 , 0 0 0 to an RRSP ten years ago when he was

Question 14(1 point)
Mehrdad contributed $10,000 to an RRSP ten years ago when he was 39 years of age. On Mary 1,2022 the FMV of the RRSP is $15,000 due solely to eligble dividends reinvested by the fund. On May 2,2022 Mehrdad withdrew $2,000 from his RRSP. Which of the following statements is correct?
Fin income tax payable will be reduced by the pension income credit on $2,000 of pension income
His net income will be increased by the sum of the $2,000 recelved plus the gross up on $2,000 of eligible dividends
His net income will be-Oreosed by $2,000
Question 1 4 ( 1 point ) Mehrdad contributed $ 1

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