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Concept Corp, a CCPC, correctly calculated its taxable income for its year ended December 31, 2020 as follows: Income from retailing business carried on in Canada $120,000 Loss from retailing business carried on in United States (20,000) Interest income from long-term bonds 30,000 Taxable capital gain from sale of a capital asset 5,000 Net income $135,000 Non-capital losses (3,000) Taxable income $132,000 Concept Corp and X Ltd. are associated corporations. X Ltd. claimed a 19% small business deduction on $385,000 for 2020. The taxable capital of Concept Corp and X Ltd. is significantly less than $ 10 million. Which one of the following amounts is the maximum 19% small business deduction for Concept Corp for 2020? Select one: O A. $19,000 O B. $21,850 O C. $22,800 D. $25,080 B Ltd. is a Canadian-controlled private corporation which distributes plastic bottles. The following information relates to its year ended December 31, 2020. Active business income earned in Canada .... Net income, Division B. Taxable income.. $495,000 520,000 520,000 B Ltd. is not associated with any other corporation. B Ltd. did not earn any foreign business income nor any investment income. B Ltd.'s taxable capital is well below $10 million. Which of the following amounts is the maximum general rate reduction for the year ending December 31, 2020: Select one: O A. $2,600 O B. $3,250 C. $52,124 D. $67,600