Long Form Problem Solving QuestionAn individual engages in three income$-$producing activities: $(1)$ full$-$time consultant, $(2)$part$-$time farming business, and $(3)$ part$-$time employment as a commissionedsalesperson. For each of these activities, the following information applies for $2022.$Consulting business: $($A$)$ revenues of $$25,000($B$)$ expenses of $$37,000.$Farming business: $($A$)$ revenues of $$35,000($B$)$ expenses of $$61,000.$Employment: $($A$)$ salary of $$11,000($B$)$ commissions of $$18,000($C$)$ advertising and promotion expenses of $$19,500($D$)$ stock option transaction, details of which follow.Details of employee stock option:The individual was granted a stock option from the employer, a Canadian$-$controlled private corporation $($CCPC$),$ in $2019.$ The option provides for the purchase of $1,000$ shares ate exercise price of $$15.$ At the time of grant, the fair market value of the employer's shares were $$17$ per share. The individual exercised the option in $2022$ for all $1,000$ shares at a time when the fair market value of the shares were $$21$ per share, and sold the shares later in $2022$ for $$22$ per share.Answer these questions:$($a$)$ What was the income or loss from consulting for $2022$ tax purposes?$($b$)$ What was the income or loss from farming for $2022$ tax purposes?$($c$)$ Employment payroll taxes: what should have been the Employment Insurance $($El$)$ premiums paid on the salary and commission income?$($d$1)$ Employment payroll taxes: what should have been the total Canada Pension Plan$($CPP$)$ premiums paid on the salary and commission income?$($d$2)$ Employment payroll taxes: of the total Canada Pension Plan $($CPP$)$ premiums paid on the salary and commission income, who much would be for CPP base contributions?$($d$3)$ Employment payroll taxes: of the total Canada Pension Plan $($CPP$)$ premiums paid on the salary and commission income, who much would be for CPP enhanced contributions?$($e$)$ How much was the individual's total employment income for $2022?($f$)$ What was the individual's total income from all sources for $2022$ tax purposes?