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signment Problem Twelve -2 (Corporate Taxable Income) Cabrera Digital is a Canadian public company, It has always used a taxation ve December 31. During the

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signment Problem Twelve -2 (Corporate Taxable Income) Cabrera Digital is a Canadian public company, It has always used a taxation ve December 31. During the year ending December 31, 2017, it had operatends on $1,234,000 and operating expenses of $962,000, resulting in an oper $272,000. Also during 2017, it received the following dividends: . Non-Eligible Dividends From 100 Percent Owned Subsidiary $23,600 Eligible Dividends From Canadian Public Companies 61,300 The Company's only other property income was a $312,000 capital gain on a holding of temporary investments. Because of this very fortunate in decides to make a $241,000 donation to a registered Canadian charity. No other capital gains are anticipated in the foreseeable future. vestment result, the Company At the beginning of the year ending December 31, 2017, the Company had the following carry forward balances: Net Capital Losses . Non-Capital Losses $262,000 193,000 Cabrera Digital for the year ending December 31, 2017. Indicate the amount and type of an carry forwards that are available at the end of that year. Required: Calculate the minimum Net Income For Tax Purposes and Taxable Income for

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