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Ms. Gold has been investing in real estate for almost half a century. On January 1, 2018, she owned four rental properties and the relevant

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Ms. Gold has been investing in real estate for almost half a century. On January 1, 2018, she owned four rental properties and the relevant facts on these properties are as follows: 112 Bay Street This is a Class 3 building that has a capital cost of $850,000. Its UCC at the beginning of the year was $627,000. During the year, it generated rent of $81,000 and incurred property taxes of $10,500, interest charges of $13,000, and other expenses (excluding CCA) of $17,500. 2022 Richmond Road This is a Class 3 building that had a capital cost of $45,000. It was sold on June 1. For CCA purposes, it was included in the same Class 3 pool as 2024 Richmond Road. Of the sale proceeds, $58,000 was allocated to the building. From January 1 to May 31, the building generated rent of $10,000 and incurred property taxes of $3,600, interest charges of $1,100, and other expenses (excluding CCA) of $1,500. This property contained furniture that Ms. Gold had acquired at a cost of $6,000. On January 1, 2018, this furniture had a UCC balance of $3,500. It was sold at the same time as the rental property. The proceeds of the furniture sale were $2,300. 2024 Richmond Road This is a Class 3 building that has a capital cost of $45,000. At the beginning of the year, the UCC of the Class 3 pool, which included both 2022 Richmond Road and 2024 Richmond Road, was $61,000. During the year, it generated rent of $24,000 and incurred property taxes of $7,750, interest charges of $1,800, and other expenses (excluding CCA) of $3,600. 16 Booth Street This Class 1 building has a capital cost of $418,000. Its UCC at the beginning of the year was $383,000. During the year, the unit generated rent of $18,000 and incurred property taxes of $6,500, interest charges of $10,800, and other expenses (excluding CCA) of $4,400. Do not enter anything in the black cell Ms. Gold's net rental income for 2018 Comme 112 Bay Street 2022 Richmond Road Yes/No Amount Yes/No Amount 2024 Richmond Road Yes/No Amount 16 Booth Street Yes/No Amount Particulars Rental Revenue Property Taxes Interest Charges Other expenses (excluding CCA) Terminal loss on furniture Rental Income (Loss) before CCA Total Rental Income (loss) before CCA CCA Calculation 112 Bay Street 2024 Richmond Road Yes/No Amount Yes/No Amount 16 Booth Street Yes/No Amount CCA Total CCA Total Net Rental income Final Answer Amount Net Rental Income

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