provides complete group disability insurance coverage, he received a total of $4,200 in payments during this period. All of the premiums for this insurance plan are paid by the employer.The plan provides periodic benefits that compensate for lost employment income. Mr. Brooks is provided with a car that the company leases at a rate of $620 per monthr including both GST and PST The companyr pays for all of the operating costs of the carr and these amounted to $3.500 during 2021. Mr. Brooks drove the car a total of 35,000 kilome tres during 2021r 30,000 kilometres were carefully documented as used for employment purposes with only 5,000 kilometres for personal use. While he was in the hospital {see Item 1i, his employer's policy required that the car he retu med to company premises. On January 15. 2020, Mr. Brooks was granted options to buy 200 shares of his employers common stock at a price of $23 per share. At this time, the shares were trading at $20 per share. Mr. Brooks exercised these options on July 0, 2021, when the shares were trading at $20 per share. He does not plan to sell the shares for at least a year. In order to assist Mr. Brooks in acquiring a new home inWinnipeg, his employer granted him a fiveyear interestfree loan of $125,000. The loan qualies as a home purchase loan. The loan was granted on October 1, 2021, and, at this point in time, the interest rate on open fiveyear mortgages was 5%. Assume the prescribed rate was 29in on this date. Mr. Brooks purchases a house for $235,000 on October 2, 2021. He has not owned a home during any of the preceding four years. Other disbursements made by Mr. Brooks include the following: Advanced nancial accounting course tuition fees $1,200 lvlusic history course tuition fees {University of Manitoba oneweek intensive coursel lE300 Fees paid to financial planner 300 Payment of premiums on life insurance 642 Mr. Brooksr employer reimbursed him for the tuition fees for the accounting course, but not the music course. Required: Calculate Mr. Brooks' employment income for the 2021 taxation year. AP 3-14 Employment Income For the past five years, Mr. Brooks has been employed as a financial analyst by a large Canadian public firm located in Winnipeg. During 2021, his basic gross salary amounts to $63,000. In addi- tion, he was awarded an $11,000 bonus based on the performance of his division. Of the total bonus, $6,500 was paid in 2021 and the remainder is to be paid on January 15, 2022. During 2021, Mr. Brooks' employer withheld the following amounts from his gross wages: Federal income tax $3,000 Employment Insurance premiums 890 Canada Pension Plan contributions 3,166 Registered pension plan contributions 2,800 Donations to the United Way 480 Union dues 240 Payments for personal use of company car 1,000 Other Information: 1. Due to an airplane accident while flying back from Thunder Bay on business, Mr. Brooks was seriously injured and confined to a hospital for two full months during 2021. As his employer