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$ 5 0 0 , 0 0 0 GIC purchased November 1 , 2 0 2 2 ( interest payable at maturity on October 3

 $500,000 GIC purchased November 1,2022(interest payable at maturity on
October 31,2025)
Accrued interest from November 1,2022 October 31,2023.........22,000
Accrued interest from January 1,2023 December 31,2023.........22,428
Interest earned on his investment account (not joint) with his investment
broker ....................................................2,600
Interest earned on 2022 personal income tax assessment ................900
Interest on short-term investments:
$40,000 term deposit taken out November 30,2023(interest at maturity in six months)
Accrued interest from December 1 December 31,2023............270
Interest earned on joint bank account with his spouse (spouse contributes equally)

equally)................................................... $4,000

Government of Canada Treasury Bills purchased for $14,009 on January 3,2023
Amount received on maturity on December 31,2023................18,000
Cash dividends received from investment in common shares of Canadian
Controlled private corporations ......................................36,000
Cash dividends received from common shares in US corporations (net of $4,000
of foreign withholding taxes; all in $CDN).........................25,000

Calculate Income for the year. 

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