Jolene Salazar runs a flower shop in Delta, B.C. as a sole-proprietorship (i.e. it is her own unincorporated business).

[answerhappygod]

Jolene Salazar runs a flower shop in Delta, B.C. as asole-proprietorship (i.e. it is her own unincorporated business).She has provided you with the following information for the year(2021):
1. She has been in a common-law marriage with Jonathan Dumfryfor the last three years. Jonathan earned $7,000 this year.
2. She paid spousal support to her ex-husband in the amount of$8,000.
3. She contributed $4,000 to her RRSP, the entire amount isdeductible.
4. She has a non-capital loss of $12,000 and a net capital lossof $4,000 available from some bad investments she made in 2016.
5. She is angry with her ex-husband and sold her old diamondwedding ring for $1,200 (original cost $700) and her old weddingdress for $800 (original cost $1,700).
6. Jolene has a background in accounting and prepares herfinancial statements in accordance with GAAP. Her net income foraccounting purposes was $125,000 in 2021 and included thefollowing: - $4,000 gain on the sale of equipment used in herbusiness - $8,000 meals and entertainment expenses - $7,500amortization - $3,000 in penalties from the CRA
Her UCC balances at the beginning of 2021 were as follows: -Class 8: $18,000 - Class 12: $20,000
During 2021 her business had the following capital transactions:- She purchased a canoe for $3,000 so she could sell her flowers atthe outdoor river market. - She sold all of the class 12 itemsduring the year for $14,000 (this was less than their originalcost)
. Please calculate Jolene’s net tax payable for 2021. Make sureto clearly show your work (use S3 format) and explain/supportrelevant amount (including items you have excluded from thecalculation).