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Mindy Fey was born on July 3 , 1 9 8 8 , is single, and works as a manager for a manufacturing company in

Mindy Feywas born on July 3,1988, is single, and works as amanagerfor amanufacturing companyin Ontario. The following is contained onMindys2018T4 slip from her employer:Employment income$81,000Employment Insurance premium955Canada Pension Plan contribution2,544Registered Pension Plan contribution6,100Income Tax paid(deducted by employer)17,400OnDecember 2,2018,Mindycontributed $6,000 to her RRSP and received a receipt for income tax purposes. She contributed this amount because her accountant advised her that she would be able to fully claim it in2018.In late 2015,Mindypurchased $51,000 worth ofEnbridge Inc.shares which she financed with an investment loan that charged her $1,100 in interest during2018. During2018, she received $1,600in dividends from her shares. Late in2018,Mindysold all of hershares for proceeds of $66,000.She also received $300 in interest income from her savings amount of $25,000 in her financial institution.Prepare the 2018income tax return forMindy,by using the following steps:Step 1: Calculate Total IncomeStep 2: Calculate Net Income by subtracting deductionsStep 3: Calculate Taxable Income (same as Net Income)Step 4: Calculate Net Federal Tax PayableStep 6: Calculate applicable (non-refundable) Tax creditsStep 7: Calculate Tax owed or RefundMake sure to identify all items in all the steps when conducting the above and show all your calculation including formulas used in each cell as applicable. Use separate areasof the same worksheetfor steps addressed above andshow calculations done for specific items such as dividend amount, taxable capital gain, non-refundable tax credit calculation etc.Use the sample solution format provided by yourInstructor.

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