Question: please help me out with this You are provided with the following amounts for Wendy Riley for the current year. Net employment income (ITA 5

 please help me out with this You are provided with the

please help me out with this

You are provided with the following amounts for Wendy Riley for the current year. Net employment income (ITA 5 to 8) = $75,000 Interest income (ITA 12) = $5,800 Taxable amount of dividends (ITA 12) = $2,780 Taxable capital gains (ITA 38 to 55) = $5,500 Allowable capital losses (ITA 38 to 55) = $6,500 Interest expense (bank loan for investment purposes) = $5,500 Investment counsel fees = $300 RRSP deduction (allowed pursuant to ITA 60) = $9,000 Based on the above, the "net property income" reported by Wendy Riley pursuant to ITA 3(a) for the current year is: Choose the correct answer. O A. $8,580 O B. $7,580 OC. $2,780 OD. $73,460

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