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Exam Exercise Three - 25 Employment Income Expenses) Doug Evans works for a company that sells video equipment. His records for the current year contain

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Exam Exercise Three - 25 Employment Income Expenses) Doug Evans works for a company that sells video equipment. His records for the current year contain the following information: Salary Received $61,250 Commissions Received 6,250 Total Employment Inclusions $67,500 Advertising And Promotion 35 1,250 Traveling Expenses 7,500 Capital Cost Allowance On Van* 1,875 Interest On Van Loan* 625 Total Employment Deductions $11,250 *The van is used exclusively for employment related activities. Mr. Evans meets the conditions for deducting employment income expenses. Given the preceding information, determine Mr. Evans' minimum net employment income for the current year. Explain your conclusions

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