Question 2 Business revenue Business expenses 32,000 33,200 4,560 2,430 1,100 600 440 900 100 1,000 Rental revenue Rental expenses, excl. CCA Rental - maximum CCA allowed Eligible Cdn dividends received Non-eligible Cdn dividends received US dividends received US taxes withheld Italian dividends received Italian taxes withheld Employment wages Employment taxable benefits Employment allowable deductions Spousal support payments paid out Child support payments paid out Interest income received Allowed RRSP deduction Allowable moving expenses Purchase price of RIM stock Proceeds from sale of RIM stock this year Purchase price of bond Proceeds from sale of bond this year What is the net income for tax purposes? 250 78,000 2,300 6,500 12,000 18,000 2,680 6,400 1,890 2,110 1,930 6,500 6,900 A Moving to the next question prevents changes to this