Anita Lopez operates a full-time law practice in eastern Ontario. In her spare time, she maintains a small rural acreage for the purpose of growing and selling Christmas trees. In addition, she derives income from various investments and is an art collector. Below are her financial results for 2020.

Net income from law practice $ 97,000

Loss on tree farm operation (12,500)

Gross rents received on rental property 28,000

Operating expenses on rental property before capital cost allowance 37,000

Gain on sale of shares of public corporations 80,000

Loss on sale of summer cottage 4,000

Gain on sale of oil painting 8,000

Gain on sale of shares of a small business corporation 20,000

Lump-sum payment to ex-spouse as part of divorce settlement 40,000

Loss on sale of shares of a public corporation 14,000

At the end of 2019, the following tax accounts existed:

Net listed personal property losses forward from 2019 (represents the actual loss) $ 4,000

Undepreciated capital cost allowance on rental property 160,000

Net capital losses 7,000

Cumulative net investment loss 14,000

Anita had not previously used any of her lifetime capital gain deduction.

Required: What is Anitas taxable income for 2020?