Please show step by step, calculations done. To show where each number is pulled from.

The following data summarizes the operations of Kopy Kat Inc. for the year ended Dec.

$31,2021$;

Loss from an active business $ $(20,000)$

Dividend income from taxable Canadian corporations $18,500$

Taxable capital gains $8,250$

Allowable capital losses $(5,375)$

Donations paid to registered charities $3,500$

The corporation had the following carry forward balances at the end of December $31,$

$2020$:

Donations made in $2018$ to registered charities $ $2,050$

Net capital losses which arose in $20046,000$

Required:

The company$$s non$-$capital loss for income tax purposes for $2021$ is:

a$)$ $ $18,500$

b$)$ $ $20,000$

c$)$ $ $23,500$

d$)$ $ $5,000$

e$)$None of the above