Your neighbour, Mrs. White, has heard that you were studying personal tax. She has come to you with her financial information for 2020. Mrs. White is a resident of Canada for tax purposes:

Employment income	$40,000
Business X profit	8,000
Business Y loss	22,000
RRSP Withdrawal	2,000
Interest income	3,000
Taxable Capital gain on sale of land	10,000
Alimony payments (spousal support)	2,000
Capital loss on sale of securities	24,000
Allowable business investment loss	5,000

Required: Determine Mrs. White's net income for tax purposes in accordance with Section 3 of the Income Tax Act. (Show your calculations for Paragraphs 3(a), 3(b), 3(c) and 3(d) of Income Tax Act.)