During the taxation year ending December $31,2022,$ Oxdor Ltd$.,$ a CCPC had the following income:

Active Business Income earned in Canada

$$223,000$

Active Business Income earned in the U$.$S$.$A$.$

$126,000$

Net Taxable Capital Gains

$43,000$

Rent Received on an unused portion

of the Company's Manufacturing Facility

$8,000$

Investment Income earned in Canada

$16,000$

$2022$ Net Income

$$416,000$

Taxable Income

$$245,000$

The Company paid no foreign taxes on its foreign operations. It is not associated with any other corporation.

What is the maximum amount of income on which the Company can claim the small business deduction?

$$349,000$

$$223,000$

$$231,000$

$$357,000$