A Prince Edward Island Resident Earned $20,000 in Interest Income $\textbf{ Combined marginal tax rates for individuals in top provincial tax bracket }$

Multiple Choice

A Prince Edward Island resident earned $20,000 in interest income and $10,000 in capital gains. Calculate the total tax paid. $\textbf{ Combined marginal tax rates for individuals in top provincial tax bracket }$

A) $9,843
B) $10,843
C) $11,843
D) $12,843
E) $13,843