The following information relates to Perry Somer's financial affairs in 2019: 1. Somer is employed as a salesman and is remunerated by commissions. He must pay all of his own expenses. During 2019, he earned commissions of $34,000. His expenses were as follows: Automobile (operating costs) $3,600 Entertainment (meals) 1,200 Convention (related to his employment) 500 Donations 500 Telephone long-distance charges (Personal use 80%) 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. 2. 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) 3. In 2018, Somer acquired two residential rental properties. Property X Property Y Land $12, 100 $15,000 Building 84,700 60,000 Maximum capital cost allowance was claimed in 2018. In 2019, 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 2019, net rental income from both properties (after all expenses but before capital cost allowance) was $1,000. 4. Somer's other income and expenses are as follows: Income: Taxable 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 5. During the year, he made a contribution to a registered pension plan of $1,000, which was matched by his employer. In addition, Somer contributed $2,400 to his RRSP Required: Calculate Somer's minimum 2019 net income in accordance with the aggregating formula for determining net income for tax purposes