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.
? ?. (26,000)
B. Nil
C. (53,180)
OD. (29,680)