Required: Determine Shirley's net employment Income for the year ending Dec 31, 2017

(Employment Income) On January 2, 2017, Ms. Shirley Kantor moves from London, Ontario, to Thunder Bay Ontario, in order to begin employment with Northern Enterprises Ltd. (NEL). Her salary for the year was $142,000. NEL withheld the following amounts from her earnings: $32,500 Federal And Provincial Income Tax Registered Pension Plan Contributions (NEL Makes A Matching Contribution) El Premiums CPP Contributions United Way Donations Professional Association Dues 3,200 836 2,564 450 1,250 Other Information: 1. Shirley's moving expenses total $6,800. NEL reimbursed Shirley for 100 percent of these costs For the year ending December 31, 2017, Shirley was awarded a bonus of $32,000. Ofthis total, $25,000 was paid during 2017, with the remainder payable in January, 2018 NEL provided Shirley with a carto be used in her employment activities and paid the oper ating co HST of $4,550. The car was available to Shirley throughout 2017. She drove a total o 63,000 kilometers. This included 8,000 kilometers of personal use sts for the year that totalled $8,100. The cost of the car was $39,550, includin In negotiating her new position with NEL, Shirley had asked for a $50,000 interest free loan as one of her benefits. NEL's human resources department indicated that the CEO would not approve any employee loans. However, they agreed to advance her 2018 salary as of November 1, 2017 $50,000 of In her employment related travels, Shirley has accumulated over 100,000 Aeroplan ints. During 2017, she and her partner Diane used 50,000 of these points for a kend flight to New York City. If she had purchased them, the tickets would have cost a total of $940 NEL provided Shirley with the following additional benefits: Allowance For Acquiring Business Clothing 6. $4,800 Squash Clu Financial Advisor Fees 2,800 1,200 b Membership (No Employment Related Usage) Shirle was granted options to price was higher than the estimated fair market valu the e time the fair market value of the shares was $28 per share. Shirley i shares for $28 per share y's previous employer was a Canadian controlled private corporation. In 2016 buy 500 of the company's shares at $20 per share. This option e of the company's shares at the time At this s were granted. On January 2, 2017, Shirley exercised these o mmediately sells the