Steven Is Employed by Big Rigs Inc

Steven is employed by Big Rigs Inc., a Canadian controlled private corporation. Steven earned $85,0 20x1. During the year, the following occurred:
A cash bonus of $8,000 was announced on December 3rd, to be paid to Steven on January 10th of th following year.
Steven was provided with a company car which he drove all year. The cost of the car (including taxe
$40,000. All operating costs were paid by the employer. Steven drove the car 21,000 kilometres in 2 which 10,000 kilometres were for personal use.
Big Rigs contributed $5,000 towards Steven's registered pension plan. Steven contributed $5,000 towards his registered pension plan.
Steven was presented with a watch from Big Rigs, valued at $200, on his birthday.
The company provided Steven with a $200 cell phone to be used for business purposes.
In January of 20x1, Big Rigs loaned Steven $15,000 at a rate of 1% interest. The CRA's prescribed ra interest during the year was 3%.
In January, Steven was offered a stock option to purchase 2000 shares in Big Rigs at a cost of $8.00 At that time, the fair market value per share was $9.00. Steven exercised his option in February when market value had risen to $9.50 per share. At the end of the year, Steven had not sold any of the shar was hoping to purchase more shares in the company in the upcoming year.
Big Rigs provided Steven with a $25 meal allowance every week due to the two hours of overtime th required to work each Wednesday immediately following his eight hours of regular work.
Steven's annual union dues totaled $850, which was deducted from his pay. Required:
A)Calculate Steven's minimum employment income for tax purposes in accordance with Section 3 o Income Tax Act
B)Identify any items that have been omitted in your calculations, and briefly explain why