Florence Rossi is semi-retired and sits on the board of directors of several Canadian public corporations. A summary of her financial activity for 2020 is presented below: $24,200 15,700 Interest on long-term bonds Gain on sale of farmland (Florence acquired the farmland three years ago with the intention of subdividing it into building lots for resale but sold it in 2020 after losing a rezoning application) Director's fees from public corporations Gain on sale of public corporations shares Legal fees paid to collect a borus on a former employment contract Legal fees paid to dispute an income tax reassessment Loss on sale of shares of a Canadian-controlled private corporation that qualifies as a small business corporation Loss on sale of public corporation shares Share of the operating loss from a partnership that operates a small grain farm with hired help Qualified moving expenses CPP enhanced contributions with respect to the director's fees 26,600 19,400 2,400 1,900 9,700 23,000 16,000 4,000 60 Determine Florence's income for tax purposes in accordance with section 3 of the Income Tax Act. Segment A 0 Segment A Subtotal Segment B $ 0 Segment B Subtotal Segment C 0 Segment C Subtotal Segment D $ 0 Segment D subtotal Net Income for Tax purposes 0 Allowable Business Investment Loss (ABIL) Allowable capital loss Allowable capital loss - Public shares Business income - Land sale CPP enhanced contributions Employment income - Director fee Farm loss Legal fees - resasssessment Less legal fee - bonus Moving Expenses Property income - Interest Taxable capital gain - Public shares