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The following information relates to Perry Somer s financial affairs in 2 0 2 3 . Perry is employed as a salesperson and is remunerated

The following information relates to Perry Somers financial affairs in 2023.
Perry is employed as a salesperson and is remunerated by commissions. He must pay all of his own expenses. During the year, he earned commissions of $54,000. His employer withheld income tax, EI, and CPP contributions (including CPP enhanced contributions of $505). His expenses were as follows.
Automobile (operating costs) $ 3,600
Entertainment (meals)1,200
Convention (related to his employment)500
Donations 200
Cell phone basic plan (related to his employment)1,200
The personal-use portion of his automobile expense is 20%. The UCC of his automobile at the end of the previous year was $6,100.
He made the following capital transactions.
Gain (loss)
Shares of public corporation A $ 12,100
Shares of public corporation B (21,800)
Shares of Canadian-controlled private corporation C (7,300)
(a small business corporation)
In 2022, Perry acquired the following two residential rental properties.
Property X Property Y
Land $ 12,100 $ 15,000
Building 84,70060,000
Maximum capital cost allowance was claimed in 2022. In 2023, the city expropriated property Y for $80,600(land - $20,600, building - $60,000). Perry was pleased because property Y was vacant for part of the year after a tenant vacated unexpectedly. In 2023, net rental income from both properties (after all expenses but before capital cost allowance) was $1,000.
Perrys other income and expenses are as follows.
Income:
Dividends - Canadian public corporations $ 2,400
Interest on foreign bonds (net of 15% withholding tax)1,700
Expenses:
Interest on a loan used to acquire the foreign bonds 1,500
Investment counsel fee 1,000
During the year, Perry contributed 1,000 to a registered pension plan, which was matched by his employer. In addition, he contributed $2,400 to his RRSP.
Required:
Calculate Perrys minimum 2023 net income in accordance with the aggregating formula for determining net income for tax purposes.
But in this format: Paragraph 3(a) Income:
Employment Income:
Property income:
Paragraph 3(b) Capital gains & capital losses:
Paragraph 3(c) Other deductions:
Paragraph 3(d) Losses:
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