BK Inc. is a Canadian-controlled private corporation (CCPC). For the 2020 taxation year the Companys Net Income for Tax Purposes was $600,000. This was made up of $400,000 of Canadian Active business income, Interest Income of $50,000, and $100,000 of dividends from various Canadian public companies, and $50,000 in Taxable Capital Gains. It also has $150,000 non-capital loss carry forward and $100,000 in Net Capital Losses carry forward from 2010. The Company intends to deduct the maximum allowed amount of the loss carryforwards in 2020.

required-

a. Calculate the Taxable Income for 2020. b. Calculate the Aggregate Investment Income.