Ken Potman is the sole shareholder in Brickbase Enterprises Ltd., a Regina-based construction company. In addition, Potman is a 20% partner in a retail kitchenware store, although he does not actively participate in its management. The following information relates to Potmans financial affairs for the year 2017:

Brickbase was organized three years ago. For its year ending May 31, 2017, the company earned a profit of $88,000. Potman originally contributed $200,000 to the corporation, using $50,000 of his own savings and funding the balance with a bank loan. In return, the corporation issued Potman $1,000 worth of common shares and $199,000 of preferred shares. In 2017, the company paid a dividend of $ 13,200 on the preferred shares. All of Brickbases income is subject to the small business deduction.

During the year, Potman sold a warehouse property for $180,000 (land $15,000, building $165,000). The building was used by Brickbase to store construction equipment, and the company paid Potman a fair rental for use of the property. The property was originally purchased at a cost of $ 153,000 (land $ 10,000, building $ 143,000). At the end of 2016 the building had an undepreciated capital cost of $110,000.

Simultaneously with the sale, Potman purchased a larger warehouse property (constructed after March 18, 2007), which was also rented to Brickbase. The new property cost $400,000 (land $50,000, building $350,000). During the year, the company paid Potman net rents of $ 33,000 for both properties. The new property was financed with the proceeds from the sale of the old building as well as mortgage financing.

The retail store partnership earned $40,000 for its year ending December 31, 2017. The profit consisted of a $32,000 profit from operations and $8,000 of interest income earned on excess undistributed cash deposits.

On July 1 of the previous year, Potman purchased a four-year guaranteed investment certificate for $30,000 that bears interest at 11%.The interest compounds annually but is not payable until the end of the four-year term. Potman did not include any amount of interest in his previous years income.

During the year, one of the Canadian public corporations of which Potman is a shareholder issued him 100 additional shares as a stock dividend. The shares had a stated value of $42 per share. Potman placed the shares in his safety deposit box along with his other securities.

Potmans other cash receipts and disbursements for 2017 are shown in the table below.

Receipts:
Salary from Brickbase	$ 68,200
Dividends from Canadian public corporations	6,600
Dividends from foreign public corporations (net of 10% foreign withholding tax)	9,900
Winnings from provincial lottery	2,000
Interest on a loan to his daughter	1,000
Disbursements:
Contribution to Brickbase employee pension plan	3,300
Investment counsel fees	1,000
Legal fees for registering mortgage on new warehouse	5,000
Life insurance premium on policy required as collateral for the bank loan used to purchase Brickbase shares	1,000
Interest on warehouse building mortgage	23,100
Interest paid on house mortgage (The house mortgage is $100,000,
of which $70,000 was used to acquire the house. The balance was used to purchase public corporation shares.)	10,000
Interest on bank loan (re: Brickbase shares)	16,500
Donations to local charity	4,000
Safety deposit box fees	100

Required:

Determine separately, for the year 2017, Potmans income for tax purposes from employment, business, and property.