Elvis Priceley is employed as an accountting analyst. In the evenings and on weekends, he holds a second job as a guitar salesperson for a music instrument boutique. His financial information for 2021 is as follows:

1) His salary from his day job is $54,900 per annum. However, the employer deducts a number of items from his salary, and so his net take-home pay is only $37,299. The following amounts were deducted in 2021:

Income tax $11,000

Union dues $500

Canada Pension Plan $2,145

Employment Insurance premiums $656

Registered pension plan contribution $2,500

Charitable donations remitted to Colonel way $800

Total: $17,601

The employer paid the following amounts on behalf of Elvis

Canada Pension Plan $2,166

Employment Insurance premiums $690

Registered pension plan $2,500

Group term life insurance premiums ($50,000 coverage) $950

Total: $6,306

Elvis used the employers yatch for a one-month holiday and paid the employer $500 rent. When not being used by employees, the yatch is rented for $1,000 per month.

Although Elvis owns his own automobile, he is provided with a company car. The car costs the company $31,000. During the year, he drove a total of 15,000 km, of which 13,000 were for personal use. The employer also paid all of the operating costs.

During the year, he attended an accounting conference in Vancouver. His spouse travelled with him at the companys expense; her travel cost was $1,500.

The employer permits staff to purchase office supplies from its outlet at the companys cost. During the year, Elvis purchased for $300 merchandise with a retail value of $450.

2. As a salesperson, Elvis earns a base salary of $4,000 and receives commissions of $6,000. In relation to his guitar salesperson work, he incurs the following expenses:

Dues to a local guitar association $200

Fee for a three-day seminar on how to be an effective salesperson $1,000

Advertisingcalendars and pens $1,400

Automobile operating costs $3,000

Promotion (meals and drinks for clients) $2,000

Personal meals (during in-town business) $200

Purchase of a cell phone $400

Basic cell phone plan (30%) $140

Elvis uses his own automobile for his salesperson activities. The car has an undepreciated capital cost for tax purposes of $8,000. During the year, he drove a total of 20,000 km, of which 17,000 was related to selling real estate. His employer provides him with a monthly car allowance of $100 ($1,200 per year).

Required: Determine Elviss employment income for tax purposes for 2021. Please see attached answer worksheet. Provide ALL calculations.