Prabhleen is a sales representative for a Canadian public company (The Company) that manufactures office furniture. Her gross salary for the year ending December 31, 2020 is $84,600. In December 2020, The Company declared a bonus to be paid to Prabhleen in the amount of $5,700, but stipulates that it will not be paid until January 2021. For the 2020 taxation year, Prabhleens employer withheld the following amounts from her income on her behalf:

Federal and Provincial Income Taxes: $19,350

Registered Pension Plan Contributions: $4,600

Contributions for group disability insurance: $250

Her employer contributed $2,300 to her RPP.

In 2020, Prabhleen was hospitalized for four weeks and she received $5,200 from the group disability insurance plan. She had started contributing to the plan in 2018 for $250 each year up to and including 2020.

On July 1, 2020, Prabhleen received a $50,000 loan from her employer for an annual interest rate of 1%. She used this money to purchase a new car. She paid the interest for 2020 on January 19, 2021. The loan was still outstanding at the end of 2020. Assume the prescribed rates for 2020 were as follows: Q1 3%, Q2 - 3%, Q3 3%, Q4 2%.

During the year, Prabhleen travelled extensively on business. She received a monthly allowance of $400 to cover her accommodation and meals while travelling. She is, however, required by her contract to pay for these expenses directly. Her actual expenses were $3,000 for meals and $4,000 for accommodation.

During 2020, Prabhleen paid dues to her professional association of $625.

Her employer has a policy of giving all employees gifts to promote employee loyalty and help local businesses. During 2020, Prabhleen received the following gifts:

A weekend for her and her husband at a local hotel. The value of this gift was $375.

A $200 Amazon gift certificate.

A basket of fruit, nuts, and cheeses, with a value of $175.

REQUIRED

a) Calculate Prabhleens minimum net employment income for the year ending December 31, 2020. Ignore all GST and PST considerations. Show all of your work.