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Angel Ramos received the following income in 2020: Employment income $ 75,000 Non-eligible dividends $ 5,000 Sale of capital assets: Proceeds ACB Shares in IMZ

Angel Ramos received the following income in 2020:

Employment income$ 75,000
Non-eligible dividends$ 5,000
Sale of capital assets:ProceedsACB
Shares in IMZ Co. (public corporation)$ 20,000$ 12,000
Shares in BAR Co. (public corporation)$ 3,000$ 10,000
Shares in TRI Inc. to arm's-length party (small business corporation)$ 2,000$ 7,500
Stamp set$ 1,500$ 2,500
Personal electronic system$ 3,000$ 1,000
Coin set$ 4,000$ 800

Determine Angel's net income for tax purposes for 2020 in accordance with the aggregating formula of Section 3 of the Income Tax Act. (CPP for enhanced contribution = $166.)

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