Both Bob and Tanya earned rent income from renting the basement of their house during 2023. The details of the rent activities are as follows: Rent income $14,750 Repairs (Basement Kitchen) S $3,150 Utilities (100% relating to basement) $1,875 Advertising the basement $720 No Capital Cost Allowance is planned as they would like to maintain the entire house as a principal residence in the future. The net rental income will be shared jointly (50%) on their tax returns in 2023. Required: What is the net rent income for tax purposes for Bob and Tanya?