Angel Ramos Received the Following Income in 2020 Required:
Determine Angel's Net Income for Tax Purposes for 2020

Angel Ramos received the following income in 2020:
$\begin{array}{|l|r|l|}\hline \text { Employment income } & \$ 75,000 \\\hline \text { Non-eligible dividends } & \$ 5,000 \\\hline \text { Sale of capital assets: } & \text { Proceeds } &A C B\\\hline \text { Shares in IMZ Co. (public corporation) } & \$ 20,000 & \$ 12,000 \\\hline \text { Shares in BAR Co. (public corporation) } & \$ 3,000 & \$ 10,000 \\\hline \text { Shares in TRI Inc. to arm's-length party (small business } & \$ 2,000 & \$ 7,500 \\\text { corporation) }\\\hline \text { Stamp set } & \$ 1,500 & \$ 2,500 \\\hline \text { Personal electronic system } & \$ 3,000 & \$ 1,000 \\\hline \text { Coin set } & \$ 4,000 & \$ 800 \\\hline\end{array}$
Required:
Determine Angel's net income for tax purposes for 2020 in accordance with the aggregating formula of Section 3 of the Income Tax Act.(CPP for enhanced contribution = $166.)