On January 1, 2022 Boris borrowed $5,000 by signing a 1-year note payable at 6% interest and used the money to purchase 2,000 common shares of Import Ltd., a Canadian public corporation for $2.50 per share. During 2022 Import Ltd. paid eligible dividends of $0.35 per share. On January 1, 2023 Boris repaid the $5,000 he borrowed plus $300 in interest. On his 2022 tax return, Boris will report: Net Property Income of $400.