9) During the year, the company had cash on hand for a short period of time due to the timing of certain contract payments. The funds earned interest income of $12,700 while they were held. Other Information:

10) Interest on Long Term Debt includes: income from business for tax purposes for

a) $38,000 of interest on bonds issued to buy shares of another company

b) $50,000 of interest on the mortgage on the new plant

Based on the information that you have obtained, your manager has asked you to calculate the income from business for tax purposes for BCE for December 31, 2022.He also wants you to show all calculations whether or not they seem relevant to the final answer and comment on all items omitted from the calculation.