Question 5 {1 point} Q During the current year, all of the assets of Linden Enterprises, a Canadian controlled private corporation, were sold. Among

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Question 5 {1 point} Q During the current year, all of the assets of Linden Enterprises, a Canadian controlled private corporation, were sold.Among the assets was goodwill with a fair market value of $425,!ifli]. As the goodwill was internally generated, itscapital cost was nil. Which of the following statements is correct? Cl 1} Linden will report active business income of $318,?5U, with no addition to the capital dividend account. 0 2 Linden will report a taxable capital gain of $212,5iifl, and there will be a $212,5iii] addition to the capital} dividend account. 0 3 Linden will report active business income of $212,5EJEI, and there will be a $212,5iifl addition to the capital} dividend account. Cl 4 Linden will report active business income of $318,?5U, and there will be a $1EIE,25EI addition to the capital} dividend account.