Jordan earned a salary of $136,000 in 2018, he earns commissions during the year of $43,000. Because of his excellent performance, he has been...

Jordan earned a salary of $136,000 in 2018, he earns commissions during the year of $43,000. Because of his excellent performance, he has been awarded a bonus of $22,000. One-half of this amount is payable in December 2018, with the balance being paid on July 15, 2019.

Jordan's employer assisted him in purchase of a cottage, the corporation provided him with a 4 year $100,000 loan starting June 1, 2018. This loan was provided to Jordan at an interest rate of 2%, the prescribed rate throughout 2018 was5%.

His employer provided with an automobile that the company acquired on April 1,2018 at a cost of $42,000 (including HST). During 2018, he drove the car a total of 46,000 km of which 38,000 km was employment related. The car was used by Jordan from April 1, 2018 through December 31, 2018 and he reimbursed his employer $80/month for his personal use.

His employer provided a general allowance for food and lodging while travelling on company business. The allowance is $600/month total of $5,400 for 9 months that Jordan was travelling for his employer during 2018. His actual cost for employment related food and lodging in 2018 totalled $3,700.

Jordan owns a glass sculpture with an adjusted cost base of $800.During 2018, he sells this sculpture for $39,000.

During 2018, Jordan gave shares of his securities to his wife. The adjusted cost base of these securities was $45,000. At the time of the gift, their fair market value was $62,000. During 2018, these securities pay eligible dividends of $5,800. In May, 2018, his wife sells these securities for $74,000.

In June 2018, Jordan divorces his wife and pays her spousal support of $500/month and child support of $800/month.

Jordan went to the casino after the divorce and won $500,000 from the slot machine.

Required: What is Jordan's 2018 Net Income for Tax Purpose?