A). Determine the minimum Net Income For Tax Purposes that Ms. Heart will have to report for her 2019 taxation year. Provide reasons for omitting items that you have not included in your calculations. Since she neglected to keep the gas receipts and meal receipts for moving her children and herself to and from Yarmouth, she will use the simplified method for calculating vehicle ($0.50 per km) and meal expenses ($18 per meal per person). B) Indicate any amounts that can be carried forward to future years.

Question 1: Amber Heart is 48 years old and has custody of her two children from a previous marriage. Pursuant to a court order, Amber's ex-husband is required to pay Amber $700 per month in child support and $500 per month in spousal support. The son is 10 years old and the daughter is 6 years old. They are both in good health. She is currently married to very successful doctor who earns an income in excess of $300,000 per year. As her children are now in school most of the year, she has decided to pursue a career in accounting. To this end, she has enrolled, on a full time basis, at Mount Saint Vincent University in Halifax. Her studies began on January 1, 2019. As she was very successful in her first term of studies, she earned a scholarship from MSVU and was able to obtain summer employment as an accounting clerk in Yarmouth, Nova Scotia. As this location is 300 kilometres from Halifax, she and her children moved to an apartment for the period June 15, 2019 through September 15, 2019. Amber incurred the following moving costs: transporting furniture and other belongings needed - $800; gas for her car to make the 300 km trip and lunch for her and her two children. During her summer in Yarmouth, Ms. Heart required someone to take care of her two children while she was at work. For this service, she paid a local retired teacher $150 per week for a period of 13 weeks. She has the appropriate documentation to support these costs. She returned to Halifax on September 15, 2019 in order to resume her studies at MSVU. Once again, she hired a moving company for $800, paid for the gas for her car to make the 300 km trip and paid for lunch for her and her two children during the trip During the fall term, she found a part time job working in a Halifax hotel as a front desk clerk. During 2019, Ms. Heart received the following amounts: Wages from Yarmouth Employment - accounting clerk $6,500 Wages from Part Time Employment in Halifax - front desk clerk $900 Scholarship Granted by MSVU for September 2019 Semester $4,000 Eligible Dividends Received $8,000 Child and Spousal Support Received $10,500 Inheritance from Aunt $30,000 TFSA Withdrawal $8,000 On January 1, 2019. Ms. Heart did not have a Tax Free Savings Account (TFSA). In October, 2019, she opened a TFSA and deposited a total of $6,000. Her husband also made a contribution to her TFSA in the amount of $5,000. During November, 2019 Ms. Heart establishes an RESP for both of her children and contributed a total of $10.000. Required: Question 1: Amber Heart is 48 years old and has custody of her two children from a previous marriage. Pursuant to a court order, Amber's ex-husband is required to pay Amber $700 per month in child support and $500 per month in spousal support. The son is 10 years old and the daughter is 6 years old. They are both in good health. She is currently married to very successful doctor who earns an income in excess of $300,000 per year. As her children are now in school most of the year, she has decided to pursue a career in accounting. To this end, she has enrolled, on a full time basis, at Mount Saint Vincent University in Halifax. Her studies began on January 1, 2019. As she was very successful in her first term of studies, she earned a scholarship from MSVU and was able to obtain summer employment as an accounting clerk in Yarmouth, Nova Scotia. As this location is 300 kilometres from Halifax, she and her children moved to an apartment for the period June 15, 2019 through September 15, 2019. Amber incurred the following moving costs: transporting furniture and other belongings needed - $800; gas for her car to make the 300 km trip and lunch for her and her two children. During her summer in Yarmouth, Ms. Heart required someone to take care of her two children while she was at work. For this service, she paid a local retired teacher $150 per week for a period of 13 weeks. She has the appropriate documentation to support these costs. She returned to Halifax on September 15, 2019 in order to resume her studies at MSVU. Once again, she hired a moving company for $800, paid for the gas for her car to make the 300 km trip and paid for lunch for her and her two children during the trip During the fall term, she found a part time job working in a Halifax hotel as a front desk clerk. During 2019, Ms. Heart received the following amounts: Wages from Yarmouth Employment - accounting clerk $6,500 Wages from Part Time Employment in Halifax - front desk clerk $900 Scholarship Granted by MSVU for September 2019 Semester $4,000 Eligible Dividends Received $8,000 Child and Spousal Support Received $10,500 Inheritance from Aunt $30,000 TFSA Withdrawal $8,000 On January 1, 2019. Ms. Heart did not have a Tax Free Savings Account (TFSA). In October, 2019, she opened a TFSA and deposited a total of $6,000. Her husband also made a contribution to her TFSA in the amount of $5,000. During November, 2019 Ms. Heart establishes an RESP for both of her children and contributed a total of $10.000. Required