Jack Frost has paid the following amounts: Accounting fees $ 500 paid on April 15 of the current tax year (for preparation of his last T1 personal tax return) Accounting fees $600 paid on April 22 of the following year (for preparation of his current tax year T1 personal tax return) Interest expense $1,000 paid in the current tax year (the proceeds from this loan were invested in Jack Frost's investment account) Interest expense $5,000 paid in the current year (this interest was paid on his power-line; the funds were used for paying off a second mortgage on his personal home) What is the total allowable deductions from property income (that is, carrying charges) in the current tax year ?