Jaws, a brother-in-law of Dr. No, asked for help as he was having difficulty finding work recently — something about dental insurance. Dr. No, feeling some level of pity, sold him his rental property (building only) on January 3, 2018, valued at $100,000, for $10,000 down and the remainder as an interest-free note. The cost of the property to Dr. No was $90,000 one year earlier. Dr. No has not claimed any CCA on the property. Repayment of the note is required in equal annual instalments of $10,000 each year for the next nine years on January 2 of each year. Present value of the payments is approximately $75,000 (at 7% rate). Net rental income for 2018 is $8,000. Provide Dr. No with an analysis of the income that he must report in 2018 as a result of these activities. Provide reasons for all included items and justifications for all excluded amounts