As well as employment income,Shirley Hujest has the following sources of income in 2018:

Dividends received .

-Taxable Canadian public corporation ABC Ltd $8,000 .

-Taxable Canadian controlled private corporation XYZ Ltd $ 2000 .

-Foreign corporation in Canadian dollars QRS ltd (Net amount after deduction of foreign tax of $750) $4,250

Interest received

- $3,500 interest received during the year on a GIC which matured during 2018.A portion of this interest 3,150 has been accrued and reported in previous years. .

- Accrued interest on a $100,000, 6% compound interest GIC bought on April 1, and maturing on April 1, 2019.All of the interest will be paid at maturity ,and interest accrues annually on April 1.

- $1,350 interest received on a six-month term deposit from June 12, 2018 to December 12, 2018.

Class UCC Net income before CCA

- Property 1 1(4%) $95,000 $1,000

- Property 2 3(5%) $70,000 $(4,000)

- Property 3 1(4%) $100,000 $5,000

Other Investments

Shirley had an $80,000 Government of Canada 7% coupon bond which she gave to her 14 year old daughter in 2016,in an attempt to shift income to her child. Interest on this bond is paid every year on July 1. The 7% interest payment for 2017 was used to purchase a 4% GIC in her child,s name. The same thing was done with the 2018 interest payment.

Required: Calculate Shirley,s total income from property for 2018