Isofit Ltd had the following data for its operations for the year ended December 31, 2020:

Charitable donations	$23,000
Allowable capital losses	2,000
Allowable business investment loss	3,750
Dividend income from taxable Canadian corporations	$42,500
Income from business	54,000
Taxable capital gains	11,000
Net capital loss from 2014	$9,000

Calculate Division B income and taxable income (your work must be shown).

Urgent help needed thanks!!