Diana Dundastard is employed by Dundas Processing Ltd. (DPL), a Canadian-controlled private corporation. The following information pertains to her income over the past two years: 2019 2020 Salary before benefits Employee stock option benefit Deemed interest employment benefit Registered pension plan contributions Other deductible employment expenses Interest income Taxable capital gain Business income Royalty income from book Rental loss before capital cost allowance Spousal support payment Dividend on DPL stock $115,000 17,000 5000 -5500 -6,500 2000 13000 35000 18000 -6000 - 17000 1000 $107,000 14000 6,000 -5,200 -6000 1500 8000 26000 15,000 - 11000 -14,000 1200 Net income $171,000 Activate $142,500 ws $142,500 Diana participates in DPL's money-purchase registered pension plan. DPL contributes an amount that matches the amount contributed by an employee to the plan. Her pension adjustment is $10,400 for 2019 and $11,000 for 2020. Diana has never contributed to a registered retirement savings plan (RRSP), although she had enough income to entitle her to contribute the maximum allowed in 2017 of $26,010; 2018 of $26,230 and 2019 of $26,500. In those years she was not enrolled in the company pension plan. The royalty income listed above is computed at 3% of the sales of a utensil that she invented. The business income listed above is earned from lingerie party sales that she makes in her spare time. Required: Calculate Diana's earned income for the purpose of determining her maximum RRSP contribution by listing any amounts that would be included in earned income List separately the items that are not included in the earned income calculation Based on the above information, calculate Diana's maximum deductible RRSP contribution for 2020 Required: Calculate Diana's earned income for the purpose of determining her maximum RRSP contribution by listing any amounts that would be included in earned income List separately the items that are not included in the earned income calculation Based on the above information, calculate Diana's maximum deductible RRSP contribution for 2020 Show all calculations