An investor had the following transactions:

• In 2010 purchased shares of qualified small business corporation (QSBC) #1 for $70,000 and purchased shares of qualified small business corporation (QSBC) #2 for $145,000.
• From 2011 to 2013 had capital gains of $560,000 (of which ½ were taxable $280,000 gains that were included in net income for tax purposes).
• In 2014 purchased shares of QSBC #3 for $120,000.
• In 2015 disposed of the shares of QSBC #2 at a loss of $30,000, and claimed an allowable business investment loss (ABIL) on that disposition.
• In 2017 realized a capital gain of $260,000 on the disposition of QSBC #1 shares and claimed a capital gain deduction on this gain.
• In 2019 realized a capital loss of $15,000 on the sale of public company shares that had been inherited several years prior.
• In 2020 disposed of the shares of QSBC #3 at a loss of $20,000.

The investor’s cumulative net investment loss (CNIL) account at the end of 2020 is $18,000.

How much of capital gain deduction can the investor can claim in 2020?

a) $83,000

b) $181,662

c) $102,500

d) $204,500