Gamma’s will provided for the creation of a trust on her death, which occurred in 2017. Distributions from the trust are to be paid equally to each of her four children. In 2018, the trust earned $50,000 in cash dividends from Canadian-resident public corporations and $20,000 in interest on Canadian bonds. The trust incurred interest expense of $2,000 on funds borrowed to buy the investments. All of the dividends and $18,000 of the interest on the bonds was distributed to the beneficiaries and the interest expense was claimed by the trust. Which one of the following amounts represents the taxable income of one of the children from the trust for 2018?