..........

Ken and Mary are married and have two children, ages three and six years. In 2020, Ken earned $70,000 from employment, and Mary earned $105,000 as a self-employed consultant. The couple employ a full-time nanny, at a salary of $12,000 per year, to take care of their two children while they work. They also paid overnight camp fees of $1,200 for two weeks for the older child, On January 4, 2020, the family moved from Edmonton, Alberta, to Toronto, Ontario, so that Ken could accept a new position. Mary continued her consulting business in Toronto. The following expenses were incurred as a result of the move: Return airfare for trip to find living accommodation 3 550 Hotel and meals for three days during trip to find living accommodation (receipts kept) 500 Airfare for four persons on move to Toronto 2,000 Hotel and meals in Toronto and while moving for 20 days while waiting for completion of construction of the new home Hotel (receipts kept) 3,000 Meals (not all receipts kept) 2,700 Repairs in respect ofdisposition of old home 1,000 Legal fees and commissions in respect of disposition of old home 3,700 Actual loss on sale of old home 27,000 Cost of transporting household goods 4,900 Legal fees and land transfer tax on acquisition of new home 900 Interior decorating of new home 9,500 In 2020, Ken received a termination payment of $21,000 from his previous employer, with whom he had been employed from October 1999 to December 2019, He contributed $10,000 of this amount to his RRSP since he had RRSP room of $12,000 from his earned income from prior years. Ken received a moving allowance of $8,000 from his new employer and $6,000 in spousal support from his former spouse. Maw did not make an RRSP contribution. Required: Calculate Ken's net incomes for tax purposes