Morgon Inc, carries on a business and uses a taxation year ending December 31. The sole shareholder of the Company is Helen Morgon. For the current taxation year, Ms. Morgon's daughter, Summer, who maintains the books and records of the Company, has calculated 2022 net income of $193,200. In determining net income Summer begins with accounting income applying ASPE. Other Information: 1. During the year, Morgon Inc. spent $12,700for landscaping the grounds around its office. In accordance with ASPE, this amount was treated as a capital expenditure. As the work was done late in the year, no amortization was claimed for the current year. 2. The following items were included in the expenses claimed for accounting purposes: 3. Included in the accounting expenses were $14,000in fees paid to Summer's 16 year old son for creating and maintaining the web site of Morgon Inc. In determining the fee, Helen found that it would cost at least $25,000to obtain the equivalent services from an outside consultant. 4. Maximum CCA has been determined to be $94,200for the current taxation year. 5. Had the contract in which damages were paid been completed, it would have increased business income, Required: Calculate Morgan Inc.s' 2022 business income for tax purposes. Explain the reason for excluding any of the amounts.