In 2018, Ben earned employment income of $160,000. His employer withheld $2,594 in CPP premiums and $858 in EI premiums. Ben received $10,000 in eligible dividends from Snap Inc., a Canadian company. As in prior years, he donated $1,000 to a Canadian charity. He has $20,000 non-capital loss carried over from the prior year.

Determine Ben's minimum taxable income for 2018.

Question 8 options:

1)

$153,800

2)

$173,800

3)

$150,348

4)

$152,800