>> In 2016, the Heath Corporation sold a capital asset and incurred a $37,000 LTCL that was carried forward to subsequent years. That sale was the only sale of a capital asset that Heath made until 2021, when Heath sells a capital asset and recognizes a STCG of $54,000. Without considering the STCG from the sale, Heath's taxable income is $290,000. Read the requirements. Requirement a. Determine the corporation's NSTCG for 2021. Heath Corporation's NSTCG for 2021 is 54000 Requirement b. Determine the corporation's 2021 taxable income. Heath Corporation's taxable income for 2021 is 344000 Requirement c. If the sale of the asset in 2016 had occurred in 2015, determine the corporation's 2021 taxable income. If the sale of the asset occurred in 2015, the corporation's 2021 taxable income would be 344000