David is single and has a nine-year-old child who lives with him. He is the sole caregiver for her.

In 2022 David has a Net Business Income totalling $150,000, Taxable Capital Gains of $15,000, and Interest Income of $15,000. His net income totalled $180,000. He has a non-capital loss amount of $30,000 and a net capital loss balance of $20,000.

Assuming David takes advantage of all available losses possible, calculate the following:

Taxable Income.

Federal taxes before non-refundable tax credit.

The non-refundable tax credit that David is entitled to claim.

Federal Tax payable.