Ms Rogers is a pharmaceutical sales representative who travels throughout Canada. promoting various drug brands. During 2018, she is paid a salary of $110,000 by her employer, Imagination Pharmaceuticals (IP), and receives sales commissions of $45,000. She does not receive an allowance from her employer for any of her expenses. During the year, Ms Rogers made the following employment related expenditures: Airline tickets Client entertainment Hotels $ 14,600 10,600 8,300 In addition to expenditures to earn employment income, Ms Rogers also paid the following amounts personally: Safety deposit box rent $220 Private group medical insurance premiums 500 Group life insurance premiums 900 Investment counselling fees 700 Drug toxicology course 1,200 Introduction to Home Winemaking 550 On August 1, 2018 IP provided her with a $250,000 interest free loan for the purchase of a house. The prescribed interest rate was 4% throughout 2018. In addition to her salary and commissions, her employer matched her private group medical insurance contributions and her life insurance premium payments. IP also reimbursed her for both of the courses she took during the year. Ms Rogers also has some investments that she has purchased over the past 5 years as follows $100,000, 6%, two year, term deposit purchased on August 1, 2017 $50,000, 5%, three year, term deposit purchased on in October, 2016 $30,000, 4%, four year, term deposit purchased on November 1, 2015. 5,000 shares of ABC limited (shares paid a $1.5/share eligible dividend on August 15, 2018) 700 shares of XYX Ltd (shares paid a $2/share ineligible dividend on April 1, 2018) In addition to those investments she made the following purchases in Pretend Corp. and is now selling all of her shares for $200 per share. Upon disposition she paid brokerage fees of $1,200 March 1, 2014 June 1, 2015 January 2, 2016 90 shares @ $140/share 60 shares @ $120/share 100 shares @ $150/share Ms Rogers also owns a rental property that rents for $1,500 per month throughout 2018. Expenses include interest - $3,000, property taxes - $1,200, insurance - $1,100 and maintenance - $2,000. The UCC of the residential property on January 1, 2018 was $180,000. The property was purchased in 2010. She informs you she receives $1,200/month in child support and $1,400/month in spousal support from her ex-husband. Because she was strapped for cash in the year she sold a painting and a rare book. The painting was sold for $13,000 and cost $800. The rare book had cost $4,500 and was sold for $1,300. Lastly, Ms Rogers decided to downsize and purchase a smaller home. She sold her home in 2018 for $550,000. The home was purchased in 1995 for $150,000. She has used her principal residence exemption before for a cottage she designated from 2006-2009. Required: Determine Ms. Rogers's net income for tax purposes (NITP) for the 2018 taxation year. Please ensure you show all calculations when providing your response