Instruction: Aidan is an administrator for a publicly traded Canadian manufacturing company, Monopoly Inc. The following items pertain to his employment information for the 2020 taxation year. For each "question", provide theeffect on Aidan's net employment income.

• A netinclusionin employment income should be entered in the boxas apositive number.
• If the item would havenoeffecton the calculation of employment income,enterthe number0(zero) in the box.

IMPORTANT NOTES:

• Any amounts that require pro-ration over timeshould be based on months (not days).

1. Aidan earned a high performance bonus of $34,432in 2020.He received 40% of this bonus in December 2020 and will receive the remaining amount in early 2021.
2. Aidan is an administrator for a publicly traded Canadian manufacturing company, Monopoly Inc. His salary for the year ending December 31, 2020 is $106,578.
3. In 2015, Aidan was given optionsto buy 911 shares of Monopoly's stock at a price of $29.73 per share. At thetime the options were issued, the shares were trading at $29.73 per share. On June1, 2020, Aidan exercised some of his options and purchased 310 shares. At the time of exercise, the shares were tradingat $36.9 per share. He is still holding the shares on December 31, 2020.
4. During 2020, Aidan was providedwith an automobile that was purchased in 2018 by his employer,Monopoly Inc. The cost of the car was$35,272, including all taxes.Monopoly paid $2,490for the operating costs of the car during 2020.Aidan used the carfor 6 months during the year and during the months of non-use, it wasreturned to Monopoly's premises. During 2020, he drove the car a total of 18,324kilometers ofwhich5,870kilometerswere for employment-related travel and theremainder was for personal use. Aidan reimbursed Monopoly $76per month of use of the automobile.
5. Monopoly Inc.contributed $4,517to Aidan's Registered Pension Plan (RPP)in 2020.
6. Aidan received the following gifts from Monopoly during 2020:A non-cash long service award for 5years of servicevalued at$643, A cash Christmas bonus of 375, Agift basket valued at 323
7. Aidan's employer provided him witha loan of $76,354 at interest rate of 0.8% to aid in the purchase of a home due to his relocation. The fundswere provided on September 1, 2020. Aidan paid all of theinterest required in 2020and will begin making principal payments in mid-2021. Assume the prescribed rate for the last 2 quarters of 2020was 1%
8. During 2020,Aidan's job was relocated to a new city by Monopoly Inc.and the company reimbursed $1,653 in Aidan's moving expenses.
9. Monopoly Inc. paid premiums of $2,224to cover private health care forAidan in 2020.
10. Monopoly Inc. paid life insurance premiums of $1,783onAidan's behalf in 2020.
11. Aidan and his employer share thecost of a group disability plan. For the past 3years, Aidan has contributed$131to the plan and Monopoly Inc. has madea matching contribution of $131. In 2020,Aidan was unable to work for a period of 5 weeks due to an accident. Thedisability plan provided him with benefits of $2,910 periodically over thisperiod to compensate him for lost employment income.