Reference no: EM132572748

Question - Dan Eaton is employed as a salesperson and receives some of his compensation in the form of commissions. During the current year, his salary totaled $85,000 and her commissions totaled $8,500. Her employment related expenses during this period were as follows:

Capital Cost Allowance On Car* $ 2,850

Interest On Car Loan* 1,075

Airfare/Hotel and other traveling Expenses 11,300

Meals while travelling total 2,500

Car expenses 3,500

Computer lease 2,500

Purchase of office furniture  6,000

Promotion And Advertising  5,600

Client Entertainment [(1/2)(Actual Costs Of $5,200)] 2,600

Total Available Deductions $37,925

The car is used exclusively for employment related activities.

Mr. Eaton meets the conditions for deducting employment income expenses. Given the preceding information, determine Mr. Eaton's minimum net employment income for the current year. Explain your conclusions.