1. Sasha started a RESP five years ago for her son Ivan who is now 17 years of age. In 2016, 2017 and 2018 she contributed $4,000 each year. In 2019 she did not have much extra money and so only contributed $1,000. In 2020 she will make a contribution of $2,000.

   Which of the following statements is true?

   	a.	Total CESG given from the start of the plan until the end 2019 will be $2,600.
   	b.	Total CESG given from the start of the plan until the end 2019 will be $1,500.
   	c.	In the year the beneficiary turns 16 is the last year that they can get a CESG.
   	d.	The basic grant is 20% on annual contributions equal to the lesser of $7,200 and the beneficiarys unused CESG grant contribution room available in the year.
   	e.	Beginning in 2005, the contribution room will increase to $5,000, and unused amounts can be carried forward.