Jacob Mills has provided you with the following information:

	2019	2020	2021
Taxable capital gains on sale of qualified small business
corporation shares . . . . . . . . . . . . . . . . . . . . .	$75,000	-	$300,000
Business investment loss (before ssec. 39(9) adjustment)	-	-	160,000
Interest income . . . . . . . . . . . . . . . . . . . . . . . . . . ..	-	$1,200	2,400
Grossed-up taxable dividends . . . . . . . . . . . . . . . . . ..	-	240	-
Net rental income (loss) . . . . . . . . . . . . . . . . . . . . . . .	-	(1300)	(320)
Carrying charges . . . . . . . . . . . . . . . . . . . . . . . . . . . .	-	3,075	-

The 2019 taxable capital gain was fully offset by a capital gains deduction in that year.

REQUIRED

Determine Jacob’s capital gains deduction for 2021 supported by all the necessary calculations.

Assume that there were no other capital transactions before 2019.