Ms. Marsh has been employed by the Ace Distribution Company for the past 3 years. She earns $40,500 gross salary as per her employment contract.

The employer withheld the following amounts from her earnings:

Income taxes $6,423

Premiums on group medical insurance $342

Contributions to Registered Pension Plan $1,400, the employer matched this amount

The following extra information were deposited into Ms. Marshs bank account:

• Reimbursement of employment related travel costs as per invoices supplied by Ms. Marsh totalling $4,250
• Reimbursement of $1,100 in tuition fees for a work related course
• A $1,560 dividend on Ace Distributing Company shares acquired through the employee purchase program
• Fees of $1,200 for serving as the employees representative on the Companys Board of Directors

The following extra information were paid by Ms. Marsh during the year:

Dental expenses of $1,250, not covered by her medical insurance

Charitable donations of $275

Costs of moving to a larger apartment $2,800

Tuition fees for work related course (reimbursed per above) $1,100

Cost of travel to/from place of employment $620

Cost of employment related travel (reimbursed per above) $4,250

Instructions:

• Indicate the clients net employment income for the year ending December 31, 2020.
• Ensure you provide reasons for omitting items that you have not included in all your calculations. Ignore any GST implications.