The following information relates to Perry Somers financial affairs in 2023.

1. 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.

1. 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)

1. In 2022, Perry acquired the following 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 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.

1. 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

1. 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.