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Spider Ltd. had the following accounts in 2020: Revenue $100,000 , COGS $65,000, Salaries $45,000 Gain on Sale of Assets $20,000, Administrative Expenses $8,000. Which

Spider Ltd. had the following accounts in 2020: Revenue \$100,000 , COGS $65,000, Salaries \$45,000 Gain on Sale of Assets $20,000, Administrative Expenses $8,000. Which of the following is correct?

A. Spider Ltd. will have a non-capital loss carryforward of $18,000 at the end of the year

B. Spider Ltd. will have a non-capital loss carryforward of $4,000 at the end of the year.

C. Spider Ltd. will have a non-capital loss carryforward of $0 at the end of the year.

D. Spider Ltd. will have a non-capital loss carryforward of $8,000 at the end of the year.

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