Calculate Oscars total income, total tax payable and average tax rate.
Show all of your work and clearly indentify your answers
Employment income $71,500
interest income $4,500
divident income $$3,200
capital gains income $2,500
combined federal and provincial tax rate 28.00%
capital gains inclusion 50.00%
divident gross up 25.00%
federal dividend tax credit 11.00%
provincial tax credit 4.00%