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? 2018 for Tom - a taxable capital gain of $6,850 [(1/2)($35,200 - $21,500)]

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? 2018 for Tom - a taxable capital gain of $6,850 [(1/2)($35,200 - $21,500)].? 2019 for Patrick - a taxable capital gain of $2,300 [(1/2)($39,800 - $35,200)].? 2019 for Tom - taxable dividends of $2,843 attributed to him.Question #11After being unemployed for two years, Donald Parker found employment with a large, publicly traded corporationin  early 2018.   His gross  2018 salary  was  $40,000 and, in  addition, he  earned  commissions  of  $20,000.   Thecorresponding figures for 2019 were $53,000 and $32,000.  Deductible expenses related to the commission incomewere $3,000 in 2018 and $4,000 in 2019.From his earnings, Donald’s employer withheld the following amounts:2019  2018 Federal And Provincial Income Taxes $19,000  $11,000 CPP Contributions 2,749  2,594 EI Premiums 860  858 Disability Insurance Premiums 250  250 Registered Pension Plan (RPP) Contributions 1,500  1,400 The Registered Pension Plan is a money purchase plan.  The employer makes RPP contributions and pays disabilityinsurance premiums equal to those amounts withheld from employee earnings for these items.   In addition, theemployer provided Donald with a low interest loan. The taxable benefit on this loan was $2,750 in 2018 and $2,500in 2019.Other information for the years 2018 and 2019 is as follows:2019  2018 Net Rental Income (Loss) $1,400  ($2,500)Taxable Spousal Support Received 2,600  2,400 Deductible Spousal Support Paid ( 3,600) ( 3,500)Capital Gains (Losses) ( 2,200) 1,750 Royalties* 875  920 Interest Income 273  496 *The royalties are on a song written by Donald’s mother in 1962.In 2015, just prior to losing his job, Donald contributed $7,500 to an RRSP.   As he realized he would be in theminimum tax bracket until he found work, Donald did not deduct this RRSP contribution prior to 2019.   He hasUnused RRSP Deduction Room of $25,000 at the end of 2018.In December, 2019, Donald wins $200,000 in a lottery.  He would like to put as much of this amount as possibleinto his RRSP prior to the end of 2019.Required:  A. Determine Donald’s RRSP Deduction Limit for 2019.B. Calculate the amount you would recommend that Donald contribute to his RRSP for 2019.