Business revenue 32,000\ Business expenses 33,200\ Rental revenue 4,560\ Rental expenses, excl. CCA 2,430\ Rental - maximum CCA allowed 1,100\ Eligible Cdn dividends received 600\ Non-eligible Cdn dividends received 440\ US dividends income, gross 900\ US taxes withheld 100\ Italian dividends income, gross 1,000\ Italian taxes withheld 250\ Employment wages 78,000\ Employment taxable benefits 2,300\ Employment allowable deductions 6,500\ Spousal support payments paid out 12,000\ Child support payments paid out 18,000\ Interest income received 2,680\ Allowed RRSP deduction 6,400\ Allowable moving expenses 1,890\ Purchase price of RIM stock 2,110\ Proceeds from sale of RIM stock this year 1,930\ Purchase price of bond 6,500\ Proceeds from sale of bond this year 6,900\ What is the net income for tax purposes?