During the current year, Janet Jones realizes capital gains from her investment portfolio, with total taxable capital gains of $7,200. However, she realizes allowable capital losses of $11,000 on the sale of a parcel of land. The net amount that Janet Jones reports in 3(b) is: ($3,800) $7,200 $0 ($1,900) QUESTION 18 Jesse Matthew is the sole proprietor of a small business, which is his main source of income. During the current year, he incurs a net business loss of $49,500. Since he has limited other income, the total of his 3(a) plus 3(b) is $7,200. Jesse inherited some money from his uncle, who recently passed away, so he made a RRSP contribution and, thus, has an allowed RRSP deduction of $25,000. The 3(c) amount computed for Jesse Matthew in the current year is: $25,000($17,800)$0($67,300)