Sid works in the corporate office at Loblaw's and receives the following during the year. Salary: 549,000 Frequent flyer miles earned on business flights purchased with a personal credit card: 28,000 miles, with no cash value A long-service (non-cash) award for five years of service: $800 Christmas (cash) bonus: 5900 Value of a wedding gift, as Sid got married in the current year: $300 How much of the items are taxable? Choose the correct answer. O A. $51,000 OB. $50,200 O C. $50,500 D. $53,300 You are provided with the following amounts for Diane Welsey for the current year: .Net employment income (ITA 5 to 8) = $60,000 Interest income (ITA 12) = 57,400 Taxable amount of dividends = $1,440 Taxable capital gains (ITA 38 to 55) = $6,100 Allowable capital losses (ITA 38 to 55) = $8,100 RRSP deduction (allowed pursuant to ITA 60) = $15,500 Based on the above, the net income reported by Diane Welsey pursuant to ITA 3 for the current year is Choose the correct answer. O A. $59,440 OB. $51,340 O C. $67,540 OD. $53,340