H4616 Sibbald has asked you to calculate her income opportunities for the upcoming years. Problem 12 ended December 31. Mariah Holt, a management consultant, provided you with the following statement for the year $145,000 65,500 5,000 1,200 1,000 1,000 10,500 1,400 20,000 30,500 + + + Fees received gross) Salaries and benefits expense Liability insurance expense Office expense Office equipment Automobile expenses. Interest expense (loan for business use) Professional courses Beginning undepreciated capital cost Automobile (Class 10.1) Office equipment (Class 8). For the year, Mariah drove her automobile 30,000 kilometres, of which 15,000 kilometres were driven for business purposes. Mariah and her sister purchased a commercial rental property on December 5. The cost of the property was as follows: (1) land $950,000, (2) building $500,000, and (3) furnishings $3,000. The rental income and expenses for the 26 days were as follows: (1) rent $24,000, (2) operating expenses $20,000, and (3) interest expense $6,250. Mariah, a single parent of two children aged three and five, paid $800 per month to a babysitter to care for the two children in her home. In January, Mariah had purchased her first home for $415,000 and paid $1,900 to move 45 kilometres closer to her consulting office. She withdrew $20,000 from her RRSP under the Home Buyers' Plan. Mariah has asked you to: (a) Calculate her net income for the taxation year. (1) Identify any area of her income that may be controversial, particularly with the CRA