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You are provided with the following amounts for Denise Ralph for the current year:...

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Question

Accounting

You are provided with the following amounts for Denise Ralph for the current year:

View the amounts.

Based on the amounts, what is the net income reported by Denise Ralph pursuant to ITA $3$ for the current year?

A $.$ $ $64, 120$

B $.$ $ $71, 820$

C $.$ $ $58, 120$

D $.$ $ $56, 420$

mylab.pearson.com

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Tej Pa

This test: $100 p$

Question $2$ of $12$

possible

This question: $5$

point $($ s $)$ possible

You are provided with the following amounts for Denise Ralph for the current year: View the amounts.

Amounts

Amounts

$\$ table $[[$ Net employment income $($ ITA $5$ to $8),$ $ $, 60, 000], [$ Interest income $($ ITA $12),$ $ $, 8, 400], [$ Taxable amount of dividends,$ $, 1, 320], [$ Taxable capital gains $($ ITA $38$ to $55),$ $ $, 6, 000], [$ Allowable capital losses $($ ITA $38$ to $55),$ $ $, 7, 700], [$ RRSP deduction $($ allowed pursuant to ITA $60),$ $ $, 11, 600]]$

$(1)$ Time Remair

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