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Limited Inc. is a Canadian controlled private corporation. For the fiscal year ending December 3 1 , 2 0 1 9 , its Net Income

Limited Inc. is a Canadian controlled private corporation. For the fiscal year ending December 31,2019, its Net Income For Tax Purposes of $475,000 is made up of active business income of $360,000 and $115,000 of Adjusted Aggregate Investment Income. For 2018, the company's Adjusted Aggregate Investment Income was $84,000. Its only deduction in the determination of 2019 Taxable Income is a non-capital loss carry forward of $75,000. Because of its association with another company, Limited's share of the annual business limit is $375,000. The associated company has no Adjusted Aggregate Investment Income for 2018 and 2019.The combined taxable capital employed in canada of limited and its associated company in 2018 was $9,500,000
Determine Limiteds 2019 small business deduction

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