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  3. you are provided with the following amounts for lu

You are provided with the following amounts for Luz Henriquez for the current year: ...

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Accounting

You are provided with the following amounts for Luz Henriquez for the current year:
Wages(ITA 5)= $5,500
Interest income(ITA 12)= $2,800
Taxable amount of dividends(ITA 12)= $1,460
Taxable capital gains(ITA 38 to55)=$5,500
Allowable capital losses(ITA 38 to55)= $7,500
Spousal support payments(allowed pursuant to ITA60)= $11,500
Net business loss(ITA 9 to37)= $26,000
Based on the above, the net income reported by Luz Henriquez pursuant to ITA 3 for the current year is:

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