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RLC LiRLC Limited had a large allowable capital loss of $77,625 on one transaction during its current taxation year ended December 31. In addition, the

RLC LiRLC Limited had a large allowable capital loss of $77,625 on one transaction during its current taxation year ended December 31. In addition, the following information pertains to its situation for the current taxation year:

Income from business

232,875

Income from property

25,500

Taxable capital gain

7,050

Allowable business investment loss (not included in above allowable capital loss)

(12450)

Compute the corporation's net capital loss for the current year.

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