Axco Inc. is a CCPC with a December 31 year end that has the following information for the current year. Active Business Income Dividends from Taxable Canadian corporations Taxable Capital Gains Interest Income Net Income For Tax Purposes $226,000 31,000 51.000 34,000 $342.000 The Company has available a net capital loss carry forward of $32,000 [(1/2)(564,000)] and a non-capital loss carry forward of $29,000. It is not associated with any other corporation. What is the Axco's Taxable Income