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D Inc.s income for the current year consists of interest income of $8,000, a taxable capital gain of $25,000 and a business loss of $40,000.
D Inc.s income for the current year consists of interest income of $8,000, a taxable capital gain of $25,000 and a business loss of $40,000. D Inc. has net capital losses of $30,000 incurred two years ago. What is the maximum non-capital loss for the current year?
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