Jeffrey Lowe is an associate in a local law firm. He also has a number of sources of income from various investments and sideline businesses. Jeffrey has provided you with the following information for 2014: Salary from law practice - $120,000 Business loss - (7,500) Gross rents received from rental property - $25,000 Operating expenses on rental property - (31,000) Capital gain on sale of shares - 10,000 Net interest income - 9,000 Allowable capital loss (including allowable business investment loss of $6,000) (11,000) Contribution to RRSP - (1,000) Share of net income from duplex rental property (owned by Jeffrey and his sister) - 15,000 Net capital losses from 2008 - (3,000) Jeffrey has asked you to calculate his 2014 net income for tax purposes in accordance with the ordering rules in section 3 of the Income Tax Act