Martin Borak owns 50 percent of the shares of a Canadian controlled private corporation. The CCPC has declared a 10 percent, non-eligible stock dividend which has resulted in a
$22,000 increase in its Paid-Up Capital.Which of the following amounts must be in- cluded in Martin's income as a result of the stock dividend?

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The Answer of Martin Borak owns 50 percent of the shares of a Canadian controlled private corporation. The CCPC has declared a 10 percent, non-eligible stock dividend which has resulted in a
$22,000 increase in its Paid-Up Capital.Which of the following amounts must be in- cluded in Martin's income as a result of the stock dividend?

Martin Borak Owns 50 Percent of the Shares of a Canadian