The following information is taken from the financial statements and audit working papers of Eldridge Asset Sales Inc. ("EASI") for its fiscal year ended December 31, 2020.

Net income before provision for income taxes

$1,430,000

Provision for income taxes current

$220,000

future

310,000

(530,000)

Net income after tax

$900,000

The following items were deducted in arriving at the above net income:

1.During the year, a warehouse worker managed to remove valuable inventory worth $8,000 during the night shift by taking it out in his lunch box.

2.Because EASI's products come back for repair under their warranty program, they set up a reserve for this expense on their financial statements. Last year the reserve was $76,000. This year they increased the reserve to $97,000.

3.Charitable donations were made in the amount of $9,000.

4.Golf club membership fees in the amount of $2,600 were paid for the sales manager who used the club regularly to close sales.

5Management bonuses of $96,000 were accrued at December 31, 2020 ($35,000 was not paid until June 30, 2021 due to lack of sufficient funds).

6.The December holiday banquet for the employees cost $15,000.

7.Amortization expense on the fixed assets was $86,000(CCA= 40,000)

8. Land scaping cost of the office premises 3,200

9. payment made by companyon March 13, 2021 to a defined contribution (money purchase) registered pension plan for the CEO allocated to the 2020 expenses by the company was---------$8,500 . In addition, company withheld 8,000 from his compensation of 80,000 for the RPP

Required:Based on the foregoing information,

Compute the minimum income from business for tax purposes for Eldridge Asset Sales Inc. in respect of its 2020 fiscal year.