Aidans employer provided him with a loan of $90,390 at interest rate of 0.8% to aid in the purchase of a home due to his relocation. The funds were provided on September 1, 2020. Aidan paid all of the interest required in 2020 and will begin making principal payments in mid-2021. Assume the prescribed rate for the last 2 quarters of 2020 was 1%.

How much will be included in Net Employment Income for the year?

Answer is 60.

Can you show how you got 60.