Wendel Kravitz is a salesperson for Oxal Industries in Vancouver, BC. In addition to his base salary of $88,000 he earned commissions of $62,000. The following information relates to his employment income in the year just ended:

1 - Oxal expects Wendel to pay all of his own expenses, including providing his own office space. Wendel received no tax free allowances and was not reimbursed for any of his expenses. Wendel has a T2200 from Oxal.

2 - Wendel's travel costs for the year totaled $34,000. $16,000 for hotels, $9,000 for flights and $9,000 for meals while away from home.

3 - Wendel spent $5,000 for advertising in newspapers and another $4,000 for radio advertisements. He also spent $12,000 on entertainment of clients while in his home city of Vancouver.

4 - Wendel drives a Cadillac CT6 that he purchased 2 years ago for $62,000. Operating costs for the year totaled $18,000 and had he been able to claim full CCA it would have been $4,560. The car was driven a total of 48,000 km of which 37,000 could be considered employment related.

5 - Oxal paid for Wendel to take a course on customer relationships during the year at a cost of $2,500

6 - Wendel uses the spare bedroom in his downtown Vancouver condo as his office. The total floorspace of the condo is 1,000 square feet and the bedroom is 150 square feet. During the year Wendel paid $26,000 in mortgage payments ($14,000 in principal and $12,000 in interest), $1,800 for utilities, $2,200 for repairs and maintenance and $800 for insurance. Wendel also replaced the air conditioner at a cost of $2,500.

7 - Oxal pays half of the cost of providing daycare to Wendel's two year old son Max. Max is in all day daycare at the YMCA at a cost of $1,600 per month ($19,200 for the full year).

8 - The company awarded Wendel with a trip to a Seattle Seahawks game in November for being the top salesperson in October. The total cost of the trip was $1,200. Wendel also received a gift basket worth $200 for his birthday and a membership in the bacon of the month club worth $350 for Christmas.

9 - The company has a matching registered pension plan. During the year Wendel contributed $12,000, which was matched by Oxal.

Required: Calculate Wendel's minimum net employment income for the year.