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Case Two Karla had net employment income during the year of $45,600, as well as net business income of $27,310 and a net rental loss

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Case Two Karla had net employment income during the year of $45,600, as well as net business income of $27,310 and a net rental loss of $4,600. As part of a divorce agreement from a previous year, Karla paid spousal support of $600 per month to her former common-law partner, Lucretia Smart for the entire year. She realized the following results in the stock market during the year: Capital Gains $31,620 Capital Losses 41,650 While Karla does not gamble on a regular basis, she enjoys the ambiance of the local casino. Given this, two or three times a year, she spends an evening dining and gambling with friends there. In March of this year, she got very lucky winning $46,000 by hitting a slot machine jackpot. Required: For each Case, calculate Karla's Net Income For Tax Purposes (Division B income) for the current year. Indicate the amount and type of any loss carry overs that would be avail- able at the end of the year

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