v Styles Styles Dictate Editor Pane PROBLEM ONE (20 marks) Barbara Legault operates a full-time law practice in southwestern Ontario. In her spare time, she creates and sells crystal necklaces at various fairs and festivals. In addition, she derives income from various investments and is an art collector. Below are her financial results for 2023. Net income from law practice $ 97,000 Income from crystal business 12,500 Gross rents received on rental property 28,000 Operating expenses on rental property before capital cost allowance 37,000 Eligible dividends received from public corporations (38%) 4,000 Interest paid in the year on a loan used to invest in shares 2,000 Gain on sale of shares of public corporations 80,000 Loss on sale of shares of a small business corporation 20,000 Loss on sale of shares of a public corporation 14,000 At the end of 2023, the following tax accounts existed: Net capital losses 7,000 Required: () What is Legault's taxable income for 2023? il) Compute Legault's Federal Tax Payable before credits