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You are provided with the following amounts for Solita DeJesus for the current year: Wages (ITA 5) = $7,000 Interest income (ITA 12) = $2,500

You are provided with the following amounts for Solita DeJesus for the current year: Wages (ITA 5) = $7,000 Interest income (ITA 12) = $2,500 Taxable amount of dividends (ITA 12) = $1,400 Taxable capital gains (ITA 38 to 55) = $5,800 Allowable capital losses (ITA 38 to 55) = $9,000 Spousal support payments (allowed pursuant to ITA 60) = $13,000 Net business loss (ITA 9 to 37) = $26,000 30-$26.0 Based on the above, the net income reported by Solita DeJesus pursuant to ITA 3 for the current year is Choose the correct answer. O A. (26,000) OB. Nil OC. (53,180) O D. (29,680) A
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You are provided with the following amounts for Solita DeJesus for the current year - Wages (ITA 5)=$7,000 - Interest income (ITA 12) =$2,500 - Taxable amount of dividends (ITA 12) =$1,400 - Taxable capital gains (ITA 38 to 55)=$5,800 - Allowable capital losses (ITA 38 to 55 ) =$9,000 - Spousal support payments (allowed pursuant to ITA 60) =$13,000 - Net business loss (ITA 9 to 37 ) =$26,000 Based on the above, the net income reported by Solita DeJesus pursuant to ITA 3 for the current year is Choose the correct answer. A. (26,000) B. Nil C. (53,180) D. (29,680)

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