Carlos Estevez , an unmarried taxpayer, who is the owner of a proprietorship offering media services in Vancouver, is also a sideline farmer. He is doing his tax planning in February 2021 , and would like you to briefly provide him with a tax strategy that will allow him to pay the least tax possible . Based on his 2019 and 2020 actual income and his projected income for 2021, and given these facts only, calculate his optimal taxable income for all years and indicate the amounts and types of any loss carryovers . 2019 2020 2021 Net Business Income $ 20,000$6,000 $118,000 Net Farming Business Income (Loss) $ 24,000($49,500) $3,000