Please help me with this, Introduction to Taxation

Ms. Maxine Valentine is employed by a large publicly traded corporation and her 2021 salary is $126,400. In addition to her annual salary, she received a performance bonus of $25,500, one-half of which was paid in 2021 , with the remaining one-half not due until July 1,2022. In addition to her salary, she earns commissions of $32,200 during 2021. She has an employment contract with the employer that requires her to pay for her own travel and other expenses subject to limited reimbursement. A. Determine Ms. Valentine's minimum Net Income for Tax Purposes for 2021 . B. Determine Ms. Valentine's minimum Taxable Income for 2021. C. Based on your answer in Requirement B, determine Ms. Valentine's federal income Tax Payable or refund for 2021 . Indicate any carry forwards available to her and her dependents and the carry forward provisions. Ignore any amounts that might have been withheld by her employer or paid in instalments. Withholdings During 2021, Ms. Valentine's employer withheld the following amounts from her compensation. Ms. Valentine is divorced and has custody of her two children. They are aged 12 and 17. The 12-year-old son has 2021 net income of $2,700. The 17-year-old daughter is in full time attendance at a university during eight months of the year. Ms. Valentine pays her annual tuition of $6,800. The daughter has net income of $4,600 and has agreed to transfer the maximum tuition credits to her mother. Also living with Ms. Valentine is her 68 -year-old father whose Net Income for 2021 is $8,300. He has supplemented his income for years with his casino winnings and they total $10,300 in 2021 . While he does not qualify for the disability tax credit, he has a physical infirmity that makes him dependent on Maxine. 1. Ms. Valentine is provided with an automobile by her employer. During 2021 , it is driven 47,900 kilometres, of which 42,600 are for employment purposes and 5,300 for personal use. The automobile is leased by the employer at a monthly rate of $728, including GST of $30 and PST of $48. The monthly rate also includes a payment for insurance of $50 per month. The automobile was used by Ms. Valentine for 11 months during 2021. She was required to return the automobile to her employer's garage during the month that she did not use it. 2. Ms. Valentine incurred the following employment-related expenses during 2021 Ms. Valentine's employer reimburses all of her meal costs and one-half of her hotel bills. No other expenses were reimbursed. 3. During 2020 , Ms. Valentine was granted options to acquire 5,000 shares of her employer's common shares at an option price of $23 per share. This was also the market value of the shares at this time. During July 2021, Ms. Valentine exercises all of the options at a point in time when the shares were trading at $29 per share. She is still holding the shares at the end of the year. 4. During 2021, Ms. Valentine gives total cash of $1,800 to a variety of registered charities. 5. Also, during 2021, Ms. Valentine donates $300 to each of the three federal political parties. Ms. Maxine Valentine is employed by a large publicly traded corporation and her 2021 salary is $126,400. In addition to her annual salary, she received a performance bonus of $25,500, one-half of which was paid in 2021 , with the remaining one-half not due until July 1,2022. In addition to her salary, she earns commissions of $32,200 during 2021. She has an employment contract with the employer that requires her to pay for her own travel and other expenses subject to limited reimbursement. A. Determine Ms. Valentine's minimum Net Income for Tax Purposes for 2021 . B. Determine Ms. Valentine's minimum Taxable Income for 2021. C. Based on your answer in Requirement B, determine Ms. Valentine's federal income Tax Payable or refund for 2021 . Indicate any carry forwards available to her and her dependents and the carry forward provisions. Ignore any amounts that might have been withheld by her employer or paid in instalments. Withholdings During 2021, Ms. Valentine's employer withheld the following amounts from her compensation. Ms. Valentine is divorced and has custody of her two children. They are aged 12 and 17. The 12-year-old son has 2021 net income of $2,700. The 17-year-old daughter is in full time attendance at a university during eight months of the year. Ms. Valentine pays her annual tuition of $6,800. The daughter has net income of $4,600 and has agreed to transfer the maximum tuition credits to her mother. Also living with Ms. Valentine is her 68 -year-old father whose Net Income for 2021 is $8,300. He has supplemented his income for years with his casino winnings and they total $10,300 in 2021 . While he does not qualify for the disability tax credit, he has a physical infirmity that makes him dependent on Maxine. 1. Ms. Valentine is provided with an automobile by her employer. During 2021 , it is driven 47,900 kilometres, of which 42,600 are for employment purposes and 5,300 for personal use. The automobile is leased by the employer at a monthly rate of $728, including GST of $30 and PST of $48. The monthly rate also includes a payment for insurance of $50 per month. The automobile was used by Ms. Valentine for 11 months during 2021. She was required to return the automobile to her employer's garage during the month that she did not use it. 2. Ms. Valentine incurred the following employment-related expenses during 2021 Ms. Valentine's employer reimburses all of her meal costs and one-half of her hotel bills. No other expenses were reimbursed. 3. During 2020 , Ms. Valentine was granted options to acquire 5,000 shares of her employer's common shares at an option price of $23 per share. This was also the market value of the shares at this time. During July 2021, Ms. Valentine exercises all of the options at a point in time when the shares were trading at $29 per share. She is still holding the shares at the end of the year. 4. During 2021, Ms. Valentine gives total cash of $1,800 to a variety of registered charities. 5. Also, during 2021, Ms. Valentine donates $300 to each of the three federal political parties