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Question 38 [35 minutes} [Chapter 5 and 10] Ms. Haddie comes to you for advice in February 2012. Last year, 2011 was a year of

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Question 38 [35 minutes} [Chapter 5 and 10] Ms. Haddie comes to you for advice in February 2012. Last year, 2011 was a year of considerable change and turmoil for her. Her job in Waterloo, with Takeover Ltd., evaporated on March 31, 2011, as a result of a reorganization of the companys business after a merger with a competitor. She found another job in Dundas [an improvement], but it required her to move there. Her divorce from her former husband became nal during 2010. Ms. Haddie, who was already a single parent of a nineyearold daughter, decided to adopt a veyearold child locally in May of 2011. By June 2011, after completing her move to her new job, the adoption was nalised. The court costs, legal cost, and administrative costs were $15,400. Either information on receipts and benets: Salary earned in 2011 [$40,000 in Waterloo, $54,000 in Dundas] $011,000 Prot from sale of cosmetics at home parties held in spare time 4,050 Interest on Canada Savings Bonds 1,225 Spousal support pursuant to divorce agreement [5000 per month for her support and $450 per month for le support of her daughter, age 0'] 12,000 Moving allowance 4,500 Disbursements and withholdings: Employment Insurance premium withheld 202' Canada Pension Plan contributions withheld 2,213 Union does 500 Monthly bus passes [12 months] to go to work and back 1,500 Net rental loss [for 13.! purposes] on investment property [4,300] Registered retirement savings plan contributions, made on February 14, 2012 [2010 earned income was $03,500] 21,000 Registered education savings plan payments 2011 [$50 per month] 220 Tuition fees for 4 months parttime at a local University 050 Payment on cancellation of lease for Waterloo apartment 525 Security deposit on apartment in Dundas 425 Gasoline and direct car expenses incurred in move to Dundas {22 Ian] 20 Trailer rental for move to Dundas [including one-way drop-oft fee of $25] 190 Cost of shipping remainder of household efEects [including packing and unpacking fees of $1,500] 2,000 Cost of hotel [$125]- aod meals [$55] in Hamilton while awaiting delivery and unpacking of household effects [one day] 100 Payment to babysitter for care of both children after school [33 weeks it? 53.0 per week] and during school holidavs {3 weeks (E? $400- ner week] 0.240

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