You are provided with the following amounts for Luz Henriquez for the current year Net employment income (ITA 5 to 8) = $68,000 Interest income (ITA 12) = $7,500 Taxable amount of dividends = $1,300 Taxable capital gains (ITA 38 to 55) = $5,100 Allowable capital losses (ITA 38 to 55) = $7,100 RRSP deduction (allowed pursuant to ITA 60) = $15,500 Based on the above, the net income reported by Luz Henriquez pursuant to ITA 3 for the current year is Choose the correct answer O A. $66,400 B. $61,300 C. $59,300 D. $73,500 31 02

You are provided with the following amounts for Luz Henriquez for the current year - Net employment income (ITA 5 to 8 ) =$68,000 - Interest income (ITA 12) =$7,500 - Taxable amount of dividends =$1,300 - Taxable capital gains (ITA 38 to 55)=$5,100 - Allowable capital losses (ITA 38 to 55)=$7,100 - RRSP deduction (allowed pursuant to ITA 60) =$15,500 Based on the above, the net income reported by Luz Henriquez pursuant to ITA 3 for the current year is Choose the correct answer A. $66,400 B. $61,300 C. $59,300 D. $73,500