Sammy Silver has the following income for the 2021 taxation year.

Salary……………………………………………                $115,000

Bonus……………………………………………                    10,000

Rental income……………………………………               70,000

Interest………………………………………......                  65,000

Dividend from Canadian public corporation…... 4,000

                                                                               264,000

Sammy is married and has one child. His wife does not work, and has only $1,000 interest income for 2021. His daughter of 20 is severely disabled (as certified by a medical doctor) and is supported by Sammy. She has no income for 2021. Sammy has been advised by his accountant that his 2021 maximum RRSP contribution is $31,520.

REQUIRED:

Calculate Sammy’s federal income tax payable for 2021, assuming that he makes the maximum contribution to his RRSP. Ignore C.P.P. and E.I.