QUESTION 35 a. What is the difference among income dividends, capital gains distributions, and capital gains? (2 marks) b. Assume your gross pay per pay period is $2.900 and you are in the 28 percent tax bracket (ignore provincial tax) Calculate your net pay and spendable income in the following situations i You save $200 per pay period after paying income tax on $2,900 (1 mark) You save $200 per pay period in an RPP (1 mark)