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Question 13.1.10 Question Help ACME Company is a CCPC with the following amounts in the current year: Interest income from Canadian sources of $22,500 Dividend
Question 13.1.10 Question Help ACME Company is a CCPC with the following amounts in the current year: Interest income from Canadian sources of $22,500 Dividend income received from taxable Canadian corporations of $13,500 Net rental loss of $1,150 Foreign dividend income received from US public companies of $20,500 (CAN) Net taxable capital gains of $11,400 During the current year, ACME Company utilized a net capital loss carryover from the previous year of $10,000. The correct amount of aggregate investment income for ACME Company in the current year is: Choose the correct answer. A. $44,400 B. $66,750 C. $56,750 D. $43,250
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