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Question - Canada Caregiver Tax Credit Joan Barton lives with her husband whose Net Income For Tax Purposes is $5,000. Two years ago her father and mother moved in with her. The father, who is 69 years old is still very active. However, her 67 year old mother is dependent because of a physical infirmity, but the infirmity is not severe enough to qualify for the disability tax credit. Her father's 2019 Net Income For Tax Purposes is $25,300. The corresponding amount for her mother is $21,400. Determine the amount of Joan's Canada caregiver tax credit, if any, for 2019.
Prepare the shareholders' equity section of the company's SFP as at June 30, 2020, as it should appear in its annual report to the shareholders.
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