Mr. John Oak has provided you with the following information with respect to the amounts of income and deductions for the tax year. Source Employment Income Business Income (Loss) - sole proprietorship Rental Income (Loss) Taxable Capital Gains Allowable Capital losses Subdivision e Deductions Required: Case A 92,000 (22,000) 16,000 18,000 (32,000) (12,000) imum Division B Income (Net Income for Tax Purposes) (12,000) Required: 1. Calculate Mr. Oaks minimum Division B Income (Net Income for Tax Purposes) in accordance with the ordering rules of section 3 of the Income Tax Act. Marks are awarded for correctly referenced items, Items referenced to the incorrect section 3 paragraph will not receive marks. 2. Stated the amount and type of any loss carryover available if any, otherwise, state that no carryover is available. amend that you