John used all his RRSP deduction limit in 2020, and his unused deduction room carried forward from 2019 was $600. 2020 John earnings and losses as the following:

$77,336 net employment income (after deducting $6,000 RPP contributions)

Dividend $12,000 (8,000 eligible and 4,000 non-eligible)

Rental (income $24,000, expenses 34,000)

Business (revenues 54,000, expenses 24,000)

Taxable capital gain $35,000

Interest income $18,000

Eligible dividends from non-taxable Canadian corporation $3,000

Spousal support paid $7,000.

Johns employer sponsors Registered Pension Plan (RPP) and employer policy to match 100% of any contribution made by the employees. (Pension Adjustment (PA) calculated by Johns employer is $7,940)

Required:

• Calculate 2020 RRSP deduction limit available for John.
• If John contributes during 2020 to his RRSP $4,000. What is the unused deduction room balance at the end of 2020 John can carry forward?

(Note: RRSP 2020 limit is 18% or $27,230)