The following data summarize the operations of Kopy Kat Inc. for its taxation year ended September 30, 2020: Loss from business $(95,000) Dividend income from taxable Canadian corporations 22,500 Taxable capital gains 6,250 Allowable capital losses (4,375) Donations to registered charities (3,500) The corporation had the following carry forward balances: Donations made in 2017 to registered charities 950 Net capital losses which arose in 2015 6,000 Required: Compute the corporations taxable income for its 2020 taxation year and the balances available for carry forward to 2021 for all relevant accounts. Show all calculations whether or not necessary to the final answer. Upload your result to dropbox