You are provided with the following amounts for Sarah FeeleySarah Feeley for the current year:

Net employment income (ITA 5 to 8) = $35,000

Interest income (ITA 12) = $6,100

Taxable amount of dividends (ITA 12) = $2,600

Taxable capital gains (ITA 38 to 55) = $1,000

Allowable capital losses (ITA 38 to 55) = $2,000

Interest expense (bank loan for investment purposes) = $1,000

Investment counsel fees = $900

RRSP deduction (allowed pursuant to ITA 60) =$9,500

Based on the above, the "net property income" reported by Sarah Feeley pursuant to ITA 3(a) for the current year is:

A: $33,460

B: $7,700

C: $8,700

D: $ 6,800