Quality Quo is a Canadian-controlled private corporation carrying on business in Canada. For its year ended December 31, 2022, Quality Quo earned income from the following sources: 

• Active business income 

• Gain on sale of asset used in the active business 

• Dividends from taxable Canadian corporations.

Quality Quo is associated with one corporation, Pear Inc. Pear Inc. was allocated a business limit of $160,000 for 2022. In the previous year, investment income was below $50,000 and the taxable capital of the two corporations, Quality Quo and Pear Inc. combined, was less than $10,000,000. 

Required: 

Describe in detail how each source of income is taxed federally.