ACCT226: Computer Assignment #1 (ProFile Tax Software) Mr. Johnson Ferrarmo is a supervisor at Retail Box Co. He received the following T4 slip Employer's name Retail Social insurance 527 000 Box Co. number 145 Year 2020 Employment income 75,000.00 Income tax deducted 12,800.00 [14] [22] Employee's CPP 2,898.00 El insurable earnings 54,200.00 contribution (16) [24 Employee's EI 856.00 CPP pensionable 58,700.00 premiums (18) earnings [26] His personal information are as follows: Marital Status: Single Address: 941 Progress Avenue, Toronto, ON, M1G 3T8 Phone Number: 416-289-5000 Date of Birth: October 14, 1976 For the past 20 years, Johnson has been renting an apartment. He finally saved up enough money and purchased a condo at 941 Progress Avenue in April 2020. Johnson is very excited to have owned his first home. Johnson made the following charitable donations: Habitat for Humanity on April 17, 2020 $500 Red Cross on November 9, 2020 $750 In order to improve his career skills, Johnson took some leadership courses at Centennial College that he studied part-time. The tuition fees for 2020 totalled $1.020 and were for 4 months. Johnson made a political contribution of S1,500 to a political party Johnson also has the following medical expenses: Dentist visits (June 15, 2020) $ 725 Sauna sessions: Personal-use (May 8, 2020) $ 450 Prescribed antibiotics (January 19, 2020) $ 560 Eye examinations with optometrist (October 12, 2020) $ 220 Over-the-counter medication (August 1, 2020) $ 125 Doctor-prescribed sleep apnea machine (December 3, 2020) $2,000 Required. Prepare Mr. Johnson Ferrarmo's T1 personal tax return for 2020 with minimum taxes payable. Submission Submit your assignment on eCentennial under "Assignments". Your submission should include: 1) The entire ProFile computer file (the file extension that ends 207). and 2) A PDF printout of the "Summary" page. ACCT226: Computer Assignment #1 (ProFile Tax Software) Mr. Johnson Ferrarmo is a supervisor at Retail Box Co. He received the following T4 slip Employer's name Retail Social insurance 527 000 Box Co. number 145 Year 2020 Employment income 75,000.00 Income tax deducted 12,800.00 [14] [22] Employee's CPP 2,898.00 El insurable earnings 54,200.00 contribution (16) [24 Employee's EI 856.00 CPP pensionable 58,700.00 premiums (18) earnings [26] His personal information are as follows: Marital Status: Single Address: 941 Progress Avenue, Toronto, ON, M1G 3T8 Phone Number: 416-289-5000 Date of Birth: October 14, 1976 For the past 20 years, Johnson has been renting an apartment. He finally saved up enough money and purchased a condo at 941 Progress Avenue in April 2020. Johnson is very excited to have owned his first home. Johnson made the following charitable donations: Habitat for Humanity on April 17, 2020 $500 Red Cross on November 9, 2020 $750 In order to improve his career skills, Johnson took some leadership courses at Centennial College that he studied part-time. The tuition fees for 2020 totalled $1.020 and were for 4 months. Johnson made a political contribution of S1,500 to a political party Johnson also has the following medical expenses: Dentist visits (June 15, 2020) $ 725 Sauna sessions: Personal-use (May 8, 2020) $ 450 Prescribed antibiotics (January 19, 2020) $ 560 Eye examinations with optometrist (October 12, 2020) $ 220 Over-the-counter medication (August 1, 2020) $ 125 Doctor-prescribed sleep apnea machine (December 3, 2020) $2,000 Required. Prepare Mr. Johnson Ferrarmo's T1 personal tax return for 2020 with minimum taxes payable. Submission Submit your assignment on eCentennial under "Assignments". Your submission should include: 1) The entire ProFile computer file (the file extension that ends 207). and 2) A PDF printout of the "Summary" page