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Dr . Richard Dawkins, a resident of Canada, had various cash inflows and deductions during the tax year. Using the values provided and referring to

Dr. Richard Dawkins, a resident of Canada, had various cash inflows and deductions during the tax year. Using the values provided and referring to ITA sections 3(a),3(b),3(c), etc. correctly classify each item below and calculate the taxable income.
Items with values:
Salary from his job at ABC Corp. - $70,000
Sale of a vintage car at a profit - $15,000
Rent received from his secondary home - $12,000 annually
Stock trading loss - $5,000
RRSP contribution - $6,000

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