R Ltd is a Canadian controlled private corporation that operates a chain of transport. In its fiscal year ending December 31, 2020, the Company had the following financial results: Active business income earned in Canada $350,000.Active business income earned outside Canada 30,000.Taxable capital gains nil. Adjusted Aggregate Investment Income 60,000 Net Income for Tax Purposes $440,000.Taxable Income $300,000.The Company paid no foreign taxes on its foreign operations. Its Adjusted Aggregate Investment Income was $60,000 in 2020. CCT has no associated corporations. Which one of the following amounts represents the maximum amount of income on which R Ltd may claim the small business deduction?

		$275,000.
		$300,000.
		$325,000.
		$350,000.