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The following data summarize the operations of Red Pocket Limited for the years of 2 0 2 0 to 2 0 2 3 ended September

The following data summarize the operations of Red Pocket Limited for the years of 2020 to 2023 ended September 30.
C Problem 1
The following data summarize the operations of Red Pocket Limited for the years of 2020 to 2023 ended September 30.
ITA: 3,110.1-112
The corporation has a net capital loss balance of $9,000 which arose in 2017.
Compute the taxable income for Red Pocket Limited for the years indicated and show the amounts that are available for carryforward to 2024.ompute the taxable income for Red Pocket Limited for the years indicated and show the amounts that are available for carryforward to 2024.
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