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Question 4 For the last 10 years, Judy has worked in her employer's...

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Accounting

Question 4
For the last 10 years, Judy has worked in her employer's Sudbury office. The Sudbury office is located 400 kilometres away from the company's
head office in a Toronto. After her husband's death, Judy transferred to the company's head office and moved her family to Toronto. The move
involved selling her Sudbury home and purchasing a new home in Toronto.
While Judy's employer did not provide a moving allowance, the company agreed to compensate her for her $25,000 loss on the sale of her old
home.
Judy's net income for the year was $95,000.$75,000 of this was earned before the move. Required: Determine Judy's deductible moving
expenses.
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